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.
| Company Name | CMP |
|---|---|
| Titan Co | 4513.40 |
| Kalyan Jewell.India | 424.65 |
| Rajesh Exports | 121.80 |
| Senco Gold | 365.45 |
| Thangamayil Jeweller | 4247.70 |
| View more.. | |
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