Titan Crushes Revenue Target in FY26 on Gold Price Boost and Strong Jewellery Sales
Titan, a Tata group-managed company, reported a landmark year in FY26 with consolidated revenue reaching Rs 88,136 crore. The company attributed this growth to higher gold prices and strong consumer demand for its jewellery segment.
The jewellery segment contributed over 90% of the company's income, generating Rs 79,660 crore in FY26. This was driven by higher ticket-size purchases across brands like Tanishq, Mia, and Zoya, as well as coins demand, which nearly tripled in value compared to Q4 FY25.
Titan also saw growth in its watches segment, contributing Rs 5,267 crore to the company's revenue. However, this was only around 6% of the total revenue for the year.
Despite the strong performance in FY26, Titan's Managing Director Ajoy Chawla cautioned that the company is aware of the macro volatility and fragile geopolitical situations that may impact its business in FY27.