Date: 6th July 2026

Business Performance Summary

Titan Company's Consumer Businesses registered a growth of approximately 41% YoY in Q1FY27 (Q1FY27 vs Q1FY26). The company added 77 net stores during the quarter, expanding the combined retail network presence to 3,680 stores as of June 2026.

Segment-wise Performance

Domestic Business (37% YoY Growth)

Jewellery Division (39% YoY Growth)

  • Total stores: 1,227 (as of Jun'26)
  • Net store additions: 33 in Q1FY26
  • Growth was contributed by healthy festive and Akshaya Tritiya demand
  • Portfolio buyer growth came in early double-digits
  • Average ticket sizes grew in high double-digits
  • Core jewellery categories: plain and studded grew individually in mid-thirties
  • Coins continued investment-led strong double-digit growth momentum

Brand Performance:

  • Tanishq, Mia, Zoya, beYon: 39% YoY growth, 846 total stores, 22 net additions
  • CaratLane: 42% YoY growth, 381 total stores, 11 net additions

Watches Division (23% YoY Growth)

  • Total stores: 1,345 (as of Jun'26)
  • Net store additions: 34 in Q1FY26
  • Analog watches drove overall growth in high twenties
  • Smart Watches business declined in low teens
  • Premiumization trends continued

EyeCare Division (23% YoY Growth)

  • Total stores: 847 (as of Jun'26)
  • Net store additions: 7 in Q1FY26
  • Broad-based momentum across both owned and international brands
  • Healthy double-digit growth supported by calibrated marketing investments
  • Multi-pair and multi-category consumer propositions drove growth
  • Premiumization trends evident

Emerging Businesses (19% YoY Growth)

  • Total stores: 98 (as of Jun'26)
  • Net store additions: 2 in Q1FY26
  • Fragrances: grew in mid-teens
  • Women's Bags: clocked strong double-digit growth
  • Taneira: growth in low single-digits

International Business (128% YoY Growth)

  • Total stores: 163 (as of Jun'26)
  • Net store additions: 1 in Q1FY26
  • Jewellery business of Tanishq, Mia, CaratLane (combined) saw strong traction in North America
  • Clocked encouraging double-digit growth in GCC
  • Core Damas business witnessing gradual recovery across key parameters despite volatile geopolitical situation
  • Note: International Business includes metrics of Damas Jewellery consolidated in Titan effective January 2026

Important Notes

  • Growth percentages rounded to nearest integer
  • Metrics exclude Bullion and Digi-gold sales
  • The information for the period ended 30th June 2026 is provisional and subject to Limited Review by Statutory Auditors of the Company