Titan Company’s Q2 FY26 earnings presentation reveals robust growth and strategic initiatives. Total income reached ₹14,092 crores for the Jewellery business and ₹1,477 crores for the Watches business, both showcasing substantial year-over-year increases. EyeCare saw notable performance as well. The company is expanding retail presence and advancing sustainability efforts, solidifying its market position and social responsibility.
Q2 FY26 Financial Highlights
Titan Company reported strong financial results in its Q2 FY26 earnings presentation, with growth across key segments:
- Jewellery: Total income reached ₹14,092 crores, representing a 20.7% YoY increase.
- Watches: Total income grew to ₹1,477 crores, a 13.3% YoY increase.
- EyeCare: Total income reached ₹220 crores, marking an 8.9% YoY increase.
Segment Performance
The earnings presentation provided insights into the performance of various business segments:
- Jewellery (Domestic): Reported a 19% overall growth.
- CaratLane (Domestic): Demonstrated a 25% overall growth.
- Watches (Domestic): Experienced a 16% overall growth.
- EyeCare (Domestic): Displayed an 11% omni-channel growth.
Retail Expansion
Titan Company continues to expand its retail network:
- Jewellery: Added 25 net stores, with Tanishq contributing 6 and CaratLane contributing 10.
- Watches: Expanded by 15 net stores.
- EyeCare: Increased its reach with 5 new ‘Runway’ stores (premium sunglasses).
Commitment to Sustainability
Titan is dedicated to environmental and social responsibility, with several key initiatives:
- Sourced Renewable Energy: Generated 0.62 crore units (KwH) of renewable energy.
- Water Conservation: Enhanced water storing capacity by 3.6cr litres.
- Community Engagement: Empowered 50,000+ girl students through the Titan Kanya Program.
Source: BSE