Festive Demand Drives Titan Jewelry Sales
January 08, 26
(IDEX Online) - Titan reported a 41 per cent surge in revenue for its jewelry sector during the three months to 31 December 2025.
It said growth during Q3FY26 was fueled by vibrant festive demand and wedding season purchases, with revenue driven by substantial increases in average selling prices.
Titan, India's biggest jeweler with well over 1,000 stores across its Tanishq, Mia, Zoya, and CaratLane brands, provides year-on-year growth figures in updates ahead of full audited revenue numbers. In Q3FY25 revenue for its jewelry sector was Rs 14,697 crore ($1.635bn).
The company opened an additional 47 stores during the quarter, including its first beYon outlet - Titan's debut foray into selling lab growns.
Titan's 1,281 watch stores reported more modest growth, with revenues increasing 13 per cent during the quarter, with sales of smartwatches down 26 per cent.
Commenting on its jewelry performance, Titan said: "Revenue growth was driven by substantial average selling price increases, offsetting flattish buyer growths."
It said Tanishq had sustained consumer engagement beyond the traditional festive window by encouraging customers to trade in any type of old gold jewelry in exchange for new Tanishq pieces at 100 per cent exchange value with zero deductions.