Titan Company has witnessed strong demand across its consumer businesses and clocked 36% growth for the quarter ending December (Q3FY22) over the festive quarter last year. Segment wise, buoyancy in jewellery demand driven by festive purchases in October and November helped the division achieve significant revenue uplift for the quarter, up by 37% in Q3FY22.
Watches & Wearables division saw strong growth momentum with multi brand channels, both online and offline, growing handsomely in the quarter, mainly on the back of Titan brand, rising 28% over last year same period. Eye Wear division's strong growth was driven by sunglasses and frames with good demand uptick also seen in international brands. The division accelerated its growth journey with significant network expansion during the quarter and this division reported 27% growth in Q3FY22. Besides, other businesses rose 44% during same quarter.
Titan Company is an Indian designer and manufacturer of watches, jewellery, precision engineering components and other accessories including sunglasses, wallets, bags and belts.
| Company Name | CMP |
|---|---|
| Titan Co | 4371.95 |
| Kalyan Jewell.India | 406.75 |
| Rajesh Exports | 119.15 |
| Senco Gold | 345.65 |
| Thangamayil Jeweller | 3970.85 |
| View more.. | |
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