Tata Group’s jewellery and watch major, Titan Company, has posted strong business growth in the first quarter of FY26.
The company posted a 19 percent YoY growth in its domestic business, led by jewellery and watches and a 49 percent YoY growth in its international business.
Titan Q1: Jewellery business shining
Titan’s jewellery business registered 18 percent growth in Q1FY26. While its brands Tanishq, Mia, and Zoya posted a 17 percent growth in the quarter, CaratLane grew by 38 percent. The company also added 19 new jewellery stores in the quarter, 9 of which came from CaratLane.
With the addition of the latest stores, Titan’s total jewellery store count has reached 1086, of which 331 are CaratLane stores and 755 are Tanishq, Mia and Zoya. The company said that as the gold price volatility affected consumer sentiments, consumers preferred lower-carat and lightweight jewellery. Buyer growth across the company’s jewellery brands remained flat in the quarter.
Titan Q1: Watches and eye care business
Titan’s domestic watch business grew by 23 percent in Q1FY26. Its three key watch brands, Sonata, Titan and Fastrack, posted double-digit growth in the quarter. Furthermore, the company added 9 new watch stores in the quarter, taking the total number of stores to 1244.
Titan’s eye care business, led by the Titan Eye+ brand, posted a modest 12 percent increase in its business in Q1. The company revalued its retail business strategy and closed 32 stores while adding 12 new stores. As a result, overall, Titan Eye+ reduced 20 retail stores in the quarter, bringing the total store tally down to 872.
Emerging and International businesses
Titan’s emerging businesses, such as fragrance brand SKINN and clothing brand Taneira, also showed a good overall growth of 36 percent in the quarter. Its fragrance business grew by 56 percent in the quarter.
Furthermore, Titan’s overall international business grew by an impressive 49 per cent in Q1, on a YoY basis. While the company added just one store at the international location in the quarter, it saw a doubling of Tanishq’s business in the United States.
