Titan Company Shines in First Quarter with Robust Growth Across Segments
Titan Company reported a 20% year-on-year growth in its consumer businesses for the first quarter of the fiscal year. Despite volatility in gold prices, domestic jewellery operations saw an 18% rise. Watches grew by 23%, and eyecare by 12%. International business, particularly Tanishq in the US, also showed strong growth.

- Country:
- India
Titan Company has announced a robust 20% growth in its consumer business sectors for the first quarter of the current fiscal year, as per a recent regulatory filing.
Despite fluctuations in gold prices affecting consumer trends, Titan's domestic jewellery operations rose by 18%. Notably, the Akshaya Tritiya period fueled activity, although the subsequent gold price surge led to a temporary dip in purchases.
Adding to its success, the company recorded a 23% rise in its watches segment, buoyed by Sonata's revamped offerings. Its international business also thrived, with Tanishq nearly doubling its presence in the US market.
(With inputs from agencies.)
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