Jewellery did the heavy lifting for Titan in the December quarter, with the division clocking one of its strongest festive performances and pushing overall company growth into double digits. The segment\u2019s income rose 42% year-on-year to \u20b922,517 crore (~$2.48 billion) in Q3FY26, even as gold prices stayed elevated, signalling resilient wedding and occasion-led demand.<\/p>\n
Domestic jewellery sales climbed 41% to \u20b921,458 crore ($2.37 billion). Tanishq, Mia and Zoya combined grew 40% to \u20b919,921 crore ($2.20 billion), supported by exchange programmes, new collections and bundled festive offers that improved conversions. CaratLane kept pace, rising 42% to \u20b91,537 crore ($169.5 million), with targeted promotions and higher average ticket sizes helping margins. Profit after tax increased 61% to \u20b91,684 crore ($185.7 million) for the quarter.<\/p>\n
Ajoy Chawla, Managing Director, Titan Co., said, \u201cThe Jewellery business drove strong buyer engagements via attractive exchange programs, exquisite new collections and lucrative bundled offers resulting in one of its best ever growth quarters.\u201d He added that Titan launched the lab-grown jewellery line \u2018beYon\u2019 \u201cto bolster our multi-brand jewellery portfolio and explore new growth avenues,\u201d as the company continues to deepen its presence across price points and markets.<\/p>\n
Profitability strengthened alongside volumes. The jewellery business delivered EBIT of \u20b92,475 crore ($273.2 million) with an 11.0% margin. Indian operations alone reported \u20b92,365 crore ($261.0 million) in EBIT at the same 11% margin, while CaratLane\u2019s margin expanded to 13.0%. International jewellery revenue jumped 83% to \u20b91,058 crore ($116.8 million), aided by store expansion and like-to-like growth.<\/p>\n
Titan also widened its portfolio mix during the quarter with the launch of \u2018beYon\u2019, a lab-grown jewellery line positioned as an accessible, fashion-forward offering. Network expansion continued with 49 net jewellery store additions, largely across CaratLane, Mia and Tanishq, reinforcing the company\u2019s bet that organised retail will keep gaining share in India\u2019s fragmented jewellery market.<\/p>\n","protected":false},"excerpt":{"rendered":"
Jewellery did the heavy lifting for Titan in the December quarter, with the division clocking one of its strongest festive performances and pushing overall company growth into double digits. The segment\u2019s income rose 42% year-on-year to \u20b922,517 crore (~$2.48 billion) in Q3FY26, even as gold prices stayed elevated, signalling resilient wedding and occasion-led demand. Domestic…<\/p>\n","protected":false},"author":1,"featured_media":35203,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[],"thb-sponsors":[],"class_list":["post-35202","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bulletin"],"acf":[],"yoast_head":"\n