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Titan Company reports 9% standalone revenue growth in Q1FY25

06 Jul 2024 Evaluate

Titan Company has clocked a standalone revenue growth of 9 per cent in the first quarter ended June 30, 2024 (Q1FY25). The company has added 61 stores during April-June FY25, taking its combined retail network presence to 3,096 stores. Its jewellery division, which contributes over three-fourths of its revenue, reported 9 per cent growth in the domestic market and added 34 stores.

The Watches & Wearables (W&W) Division's domestic business grew 14 per cent on YoY basis. The company reported a healthy revenue growth of 17 per cent in the analogue watch segment. However, its wearables, which consist of smartwatches, witnessed a decline of 6 per cent YoY.

Domestic revenue from the EyeCare Division, which made a foray into affordable fashion, grew 3 per cent in the quarter. Titan Eye+ added 3 new stores in India during the quarter.

Its Indian dresswear business Taneira grew 4 per cent. The brand opened 4 new stores during the quarter. Similarly, its revenue from ' Fragrances & Fashion Accessories' was up 4 per cent. Within businesses, Fragrances grew by 13 per cent YoY and Fashion Accessories saw a decline of 15 per cent YoY. 

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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