Titan shares rise over 4% after company reports 20% growth in consumer businesses in Q2FY26

At 9:56 AM, shares of Titan Company traded 4.17% higher at ₹3,560.70 apiece on the National Stock Exchange (NSE).

Titan’s consumer businesses grew 20% year-on-year (YoY) in Q2 FY26, with a net addition of 55 stores during the quarter, taking the company’s combined retail network to 3,377 stores as of September 2025.

Its domestic business grew about 18% year-on-year in the reporting quarter, with 54 net store additions and a total of 3,345 domestic stores as of September 2025.

In its domestic jewellery business, the company witnessed a 19% growth on a yearly basis. “The impact of Q2FY25’s high base (due to custom duty reduction) was offset by the early onset of the festive season in September this year, compared to October in FY25.

Further, these growths were also fueled by significant investments in consumer promotions including a powerful exchange offer and marketing initiatives, to stimulate demand amidst elevated gold prices,” Titan said in a regulatory filing.

Titan’s jewellery division, including Tanishq, Mia, and Zoya, grew around 18%, while CaratLane rose 30% with 10 new stores. The watches segment grew 12% YoY, though smart wearables declined 23%. EyeCare reported 9% growth, led by international brands and e-commerce sales.

Among the emerging businesses (domestic), Fragrances grew 48% YoY led by strong volume growths in Fastrack and Skinn, Women’s Bags grew 90% YoY led by network expansion and Taneira grew 13% YoY approximately, the company said in the statement.

“The International Business grew about 86% YoY led by Tanishq more than doubling its business in the USA market and clocking strong double-digit growth in the GCC market. Tanishq added a new store in Virginia, USA in Q2FY26,” the company added.

Titan Company share price

Over the past five trading sessions, the company’s shares have gained 5.53%, but declined 2.76% over the past month. On the contrary, the stock has jumped 13.93% in the last six months and is up 9.32% year-to-date.

Titan Company’s shares reached a 52-week high of ₹3,748 on October 7, 2024, and a 52-week low of ₹2,925 on April 7, 2025. As of October 8, the company’s market capitalisation stood at ₹3,16,060.75 crore.