Key Takeaways
- Titan reported 25% growth in consumer businesses during Q2 FY27.
- Domestic consumer businesses grew 22% while international businesses increased 97%.
- Titan added 78 net stores, taking its network to 3,758.
Titan Company reported 25% year-on-year growth across its consumer businesses in Q2 FY27, supported by growth in jewellery, watches, EyeCare, and international operations. The company added 78 net stores during the quarter, taking its combined retail network to 3,758 stores as of September 30, 2026.
Jewellery And Watches Support Domestic Consumer Growth
Titan’s domestic consumer businesses grew 22% year-on-year during the quarter. Jewellery remained the largest contributor, recording 21% growth and adding 42 net stores. Its jewellery network reached 1,269 stores during the quarter.
The jewellery portfolio includes Tanishq, Mia, Zoya, beYon, and CaratLane. Tanishq, Mia, Zoya, and beYon together recorded 20% growth. CaratLane reported 32% growth during the quarter.
Titan company said jewellery demand remained strong through most of Q2, although consumer demand began shifting toward the end of the quarter as the festive calendar moved into Q3 FY27.
The Watches business recorded 30% growth and added 34 stores, taking its total network to 1,379 stores. The titan company said the business benefited from premiumisation trends during the quarter.
EyeCare recorded 28% year-on-year growth, supported by execution across its strategic priorities, upgrades to its existing store network, and changes to its merchandise portfolio.
Emerging Businesses recorded 21% growth and added 1 store during the quarter.
Together, these businesses contributed to the 22% growth recorded across Titan’s domestic consumer portfolio.
International Businesses Record 97% Growth
Titan’s international consumer businesses recorded 97% year-on-year growth during Q2 FY27. The international jewellery portfolio includes Tanishq, Mia, and CaratLane, with the combined business adding 1 net store during the quarter.
Titan said its Gulf Cooperation Council business maintained double-digit growth during the quarter. The company also reported continued improvement in Tanishq’s North American operations.
The company reported early signs of recovery for Damas, another part of its international jewellery operations. Titan said the international business continued to contribute to overall consumer business growth despite changes in market conditions during the quarter.
The company’s combined consumer retail network stood at 3,758 stores at the end of September. This included 3,594 domestic stores and 164 international stores.
The 78 net store additions during Q2 included 42 jewellery stores, 34 watch stores, and 1 Emerging Businesses store, along with the net addition in the international jewellery network.
Titan said the figures in its quarterly update are provisional and cover the period ended September 30, 2026. The company’s reported consumer business growth reflects performance across its domestic and international operations, with jewellery continuing to account for a major share of the portfolio.
Overall, Titan recorded 25% growth across its consumer businesses in Q2 FY27, while domestic operations grew 22% and international businesses increased 97%.
