Titan's Q1 Jewelry Sales Increase by 20%

By John Jeffay / July 13, 2023 / www.idexonline.com / Article Link

(IDEX Online) - Titan Company says revenue from its 559 jewelry stores - including Tanishq and CaratLane - was up by 21 per cent year-on-year in the three months to 30 June.Watches and wearables saw a 13 per cent increase in sales, in over 1,000 outlets."Buyer growth was higher than average ticket size growth for this period," the company said in a quarterly update.Titan, based in Bengaluru, India, and part of Tata Group, the country's largest conglomerate, said all its key consumer businesses (including eyecare, fragrances and fashion accessories) had experienced double digit growth during the quarter.Overall revenue across all sectors was up by 20 per cent, year-on-year.Sales were boosted by Akshaya Tritiya, the Hindu and Jain spring festival, and by wedding-related purchases in June.The update provided percentage increases but not actual revenues.Pic courtesy Tanishq

Recent News

Gold stocks rocket on metal rebound and equities jump

December 01, 2025 / www.canadianminingreport.com

Silver supply shortage continues

December 01, 2025 / www.canadianminingreport.com

Several new entrants to TSXV large gold, including producer Asante

November 24, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline, equity market slide

November 24, 2025 / www.canadianminingreport.com

Largest gold producers see strong Q3/25 earnings

November 17, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok