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BusinessFinance

Titan Adds 78 Stores in Q2 FY27 as Jewellery Business Grows 21%

Last updated: October 7, 2026 5:53 am
The Editorial Desk
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Titan Q2 FY27 Business Update
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Titan Company reported 25% year-on-year growth across its consumer businesses in Q2 FY27, adding 78 net stores during July-September to take its total retail network to 3,758. Its jewellery business grew 21% over the same period.

Titan Company reported 25% year-on-year growth across its consumer businesses in Q2 FY27, adding 78 net stores between July and September 2026 to take its total retail network to 3,758. The company’s quarterly business update cited healthy domestic demand and strong momentum in international jewellery operations.

Its domestic business grew 22% year-on-year, with 77 net stores added during the quarter. Jewellery sales rose 21%, while the watches business recorded stronger growth of 30%.

Jewellery and Watches Drive Domestic Growth

Titan’s jewellery portfolio recorded 21% growth, while CaratLane delivered a stronger 32% increase. The company said early festive promotions and brand-level initiatives supported jewellery sales.

Studded jewellery continued to perform well, while plain gold jewellery registered 20% year-on-year growth. Demand for investment-led gold coins moderated compared with the previous year’s high base.

Titan noted that consumer demand remained healthy for most of the quarter, although growth moderated towards the end as the festive calendar shifted into Q3 FY27.

Eyecare and International Business Post Strong Growth

Titan’s Eyecare business grew 28% year-on-year, supported by its multi-brand strategy, store network upgrades and a sharper merchandise portfolio aimed at improving the customer experience.

The international business recorded 97% growth, added one net store and ended the quarter with 164 stores. Titan said its jewellery operations in North America maintained strong double-digit momentum despite a volatile geopolitical environment.

The company’s emerging businesses also grew 21%. Fragrances recorded growth in the mid-thirties, Women’s Bags grew in the twenties, and Taneira posted high-single-digit growth.

Titan Retail Network Reaches 3,758 Stores

Titan’s store additions during the quarter included 42 jewellery stores, 34 watch stores and one store in its emerging businesses. The company also added one international store.

These additions took its total retail network to 3,758 stores as of September 2026, reflecting continued expansion across its domestic and international operations.

Titan Company ended Q2FY27 with 3,758 retail stores.

Photo/ source: NDTV Profit

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