Quarterly Updates
Titan's jewellery ops volumes rise 41% in Dec qtr on higher selling price
This story was originally published at 21:45 IST on 6 January 2026
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--Titan domestic sales rise 38% on year in Oct-Dec
--Titan domestic jewellery sales up 41% on year in Oct-Dec
--Titan international sales up 79% on year in Oct-Dec
--Titan net added 54 stores in India in Q3; total store count at 3,399
NEW DELHI - Titan Co. Ltd. Tuesday said its jewellery business registered a volume growth of 41% in the December quarter. Revenue growth of this business was driven by a "substantial" increase in average selling price of products, which offset flattish buyer growth.
Overall, Titan's consumer businesses registered a volume growth of 40% in the final quarter of 2025, the company said in an exchange filing. In India, its businesses reported a volume growth of 38% on year. Titan added 56 stores on a net basis during the December quarter, including 54 in India. Its overall store count stood at 3,433 as of Dec. 31, which includes 3,399 stores in India.
As gold prices remained high, Titan's Tanishq brand offered a gold exchange offer that sustained customer engagement even after the traditional festival window, the company said. Sales of gold coins nearly doubled year on year in the December quarter.
"The gold (plain) category grew strongly in the late-thirties reflecting preference for design-led, aesthetic premium offerings during the wedding and festive season," Titan said. Studded jewellery segment clocked its best performance in this financial year so far during the December quarter, up in mid-twenties. Titan's jewellery business added 47 net stores during the December quarter, taking the overall store tally to 1,167 as of Dec. 31.
Titan's watches business reported a volume growth of 13% during the December quarter, primarily led by its analogue watches business. "Premiumization trends resulted in solid doubledigit gains for the Titan brand, complemented by healthy volume expansion during the festive period," Titan said. The segment added 22 net stores during the December quarter, taking the overall tally to 1,281 stores.
Titan's eyecare and emerging business reported volume growth of 16% and 14%, respectively. While its eyecare business shuttered 17 stores, emerging businesses added 2 stores on a net basis.
The company's international business, which mainly comprises its jewellery business led by Tanishq, Mia, and Caratlane, grew around 79-81% on year due to strong performance in Gulf Cooperation Council geographies, Singapore, and North America.
Titan had reported net profit of INR 10.06 billion for the September quarter on revenue of INR 165.34 billion. Tuesday, its shares rose 0.8% on the National Stock Exchange to INR 4,111.80. End
Reported by Anand JC
Edited by Akul Nishant Akhoury
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