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Titan Company reports 12% growth in overall sales in Q3FY23

07 Jan 2023 Evaluate

Titan Company has reported growth across most businesses with overall sales growing by around 12% in Q3FY23 on Year-on- Year (Y-o-Y) basis. Retail network continued the pace of expansion adding 111 stores (net) for the quarter. Its Jewellery division grew 11% YoY in Q3FY23 compared to the same period last year.

Its Watches & Wearables Division grew 14% YoY in Q3FY23, led by strong traction in the wearables space. A slew of exciting product launches in the fiscal year leading to the festive season contributed well to more than tripling sales from the wearables sub-segment in the quarter compared to same period last year.

Sales from Titan Eye+ stores and Trade & Distribution channel saw in-line growth with the overall Division. EyeCare expanded its nation-wide presence adding 36 new stores in Titan Eye+ (net) for the quarter.

Titan Company is an Indian designer and manufacturer of watches, jewellery, precision engineering components and other accessories including sunglasses, wallets, bags and belts.

Titan Co Share Price

4513.40 204.90 (4.76%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Titan Co 4513.40
Kalyan Jewell.India 424.65
Rajesh Exports 121.80
Senco Gold 365.45
Thangamayil Jeweller 4247.70
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