Titan Company Limited’s jewellery business sparkled in the second quarter of FY26, registering a 19% increase over the same period last year. The growth came despite elevated gold prices and a challenging base in Q2 FY25, which had gained from a temporary customs duty reduction.
An early festive season in September 2025, combined with engaging campaigns and attractive exchange offers, helped boost consumer sentiment across both metropolitan and tier-II cities. Among its key brands, Tanishq, Mia, and Zoya delivered a combined growth of about 18%, while CaratLane outpaced them all with a striking 30% surge — driven by its strong omni channel strategy and growing connection with younger customers.
Studded jewellery continued to shine, registering mid-teen growth across Tanishq, Mia, and Zoya, signalling a shift towards design-led choices over plain gold. Gold coins, on the other hand, maintained their strong sales momentum, reflecting investor confidence amid price fluctuations.
Titan further strengthened its retail network by opening 34 new stores during the quarter — 6 under Tanishq, 18 under Mia, and 10 for CaratLane — taking its total count to 1,120 outlets across India.
A key highlight of the quarter was the unveiling of Rivaah, Tanishq’s first dedicated wedding destination store in Delhi. Designed as a one-stop bridal jewellery hub, the store showcases curated collections for brides and reinforces the brand’s dominance in the wedding jewellery space.
On the international front, Tanishq’s growth story continued with sales in the United States more than doubling, while the GCC markets delivered strong double-digit gains. The opening of a new store in Virginia further expanded the brand’s global footprint.