Titan sees strong double-digit growth in watches, fragrances, and jewellery in Q1 FY26

Titan Company Limited reported strong double-digit revenue growth in the first quarter of FY 2025-26, driven by a broad-based performance across its core businesses, despite a high base from the previous year and macroeconomic headwinds, including volatile gold prices.

The company’s flagship jewellery division registered a 19% year-on-year growth in the first quarter of FY26, driven by positive consumer sentiment, robust Akshaya Tritiya sales, and continued traction in new store openings. Titan’s exclusive jewellery brands—Tanishq, Mia, Zoya, and CaratLane—continued their strong performance, with consistent customer walk-ins and healthy demand for both wedding and occasion wear.

The watches and wearables division achieved 22% year-over-year revenue growth, driven by new launches, compelling designs, and category expansion in wearables. Titan noted an increase in market share in the segment, aided by digital and retail channel expansion.

Titan’s eyecare business and emerging categories, such as fragrances, sarees (under Taneira), and fashion accessories, also posted healthy year-on-year growth, demonstrating increasing customer acceptance of the brand’s lifestyle positioning—with the eyecare business growing 12% and the emerging businesses jumping 26% year-on-year.

Across segments, the company continued its retail network expansion, adding over 90 new stores in the first quarter alone. This aggressive retail growth was aligned with Titan’s ambition to deepen its presence across Tier 2 and Tier 3 cities.

The company, part of the Tata Group, stated that it maintained a focus on enhancing customer experience through digital innovations and omnichannel initiatives, while navigating macroeconomic pressures, such as gold price volatility, with prudent inventory and pricing strategies.

Titan also reaffirmed its commitment to long-term brand building and sustainable business practices. The performance in the first quarter sets a positive tone for the remainder of FY26 as the company gears up for the festive and wedding seasons.