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Titan's Q3 revenue surged 40% on strong jewellery demand, gold prices, and global expansion.
Titan Company reported a 40% year-on-year revenue increase in Q3 FY26, driven by a 41% surge in jewellery sales, fueled by higher gold prices, strong festive demand, and premiumisation trends.
The jewellery segment, accounting for about 85% of revenue, benefited from increased average selling prices and gold coin sales.
Watch sales rose 13%, while eyewear, fragrances, and women’s bags saw significant growth.
International operations expanded 79%–81% year on year, supported by new stores in the U.S., GCC, and Singapore.
The company added 56 net new stores, reaching 3,433 locations.
Shares hit a record high, boosting the value of Rekha Jhunjhunwala’s stake to over Rs 20,000 crore.
Analysts maintained Buy ratings, citing strong market share gains and growth potential.
Los ingresos del tercer trimestre de Titan subieron un 40% debido a la fuerte demanda de joyas, los precios del oro y la expansión global.