Titan Company Q2 business updates: Firm sees 25% growth YoY; adds nearly 78 stores

The company said it expects approximately 25% year-on-year (YoY) in Q2 FY27. The firm added that a total of nearly 78 stores were added in the reporting quarter, expanding the combined retail network presence to 3,758 stores.

In the jewellery segment, across all brands, Titan clocked nearly 21% YoY growth for the quarter. “Consumer demand was healthy for most of the quarterly period, with some softening towards the close owing to shift in the festive calendar to Q3FY27,” the firm said.

However, the investment-led coins demand tapered (off a high base), resulting in a high single-digit decline YoY for Titan. Buyer growth (at a portfolio level) came in mid-single digits, with average ticket sizes seeing double-digit growth in this period.

In Q2 FY27, the watch segment recorded an increase of 30% from the year. Continuing to ride on strong premiumisation trends, Analog watches clocked healthy growth in the early thirties. The smartwatches business saw a recovery with encouraging high single-digit growth for the quarter.

The eyecare division of Titan also delivered a strong performance with growth of nearly 28% YoY, driven by focused execution across key strategic priorities. In the emerging businesses portfolio, fragrances clocked mid-thirties growth YoY. The women’s bags grew (YoY) in the twenties, and Taneira’s growth was in high single digits YoY.

For the international segment, the jewellery businesses of Tanishq, Mia and CaratLane (combined) continued their strong double-digit momentum in North America. “The GCC business has held up well in a volatile geopolitical environment and recording improving growths for Tanishq, with Damas showing early signs of recovery,” Titan Company said.

How Titan Company performed in Q1 FY27

The Tata Group firm reported a 63% jump in consolidated net profit at ₹1,777 crore for the first quarter of the current financial year (Q1 FY27) as compared to ₹1,091 crore in the same period last year.

The country's largest watch and jewellery retailer’s revenue from operations increased 29% year-on-year (YoY) to ₹21,356 crore in the April-June period from ₹16,523 crore in the year-ago period.

For Q1 FY27, the consolidated total income came in at ₹20,753 crores, rising 40%, marking a strong start to the fiscal year and sustaining the growth momentum carried over from an exceptional FY26.

Titan Company share price trends

On Tuesday, Titan Company shares settled at ₹4,550 apiece on the National Stock Exchange, falling 0.66%.

From the beginning of the year, Titan Company shares have climbed 12%. Over a month’s time, the stock has fallen 9%, while for a six-month period, it has surged 7%.

Shares of the firm had hit a 52-week high of ₹5,186.70 on August 27, 2026, and a 52-week low of ₹3,401 on October 6, 2025.

According to NSE data, as of October 6, 2026, Titan Company has a total market capitalisation of ₹4.04 lakh crore.