Titan Company Limited has released its business update for the first quarter of FY26, showcasing continued growth momentum across its core verticals. Despite the challenges of a volatile gold price environment, the company reported strong consumer traction, particularly in its jewellery and watches & wearables businesses, with growth further supported by festive demand during Akshaya Tritiya and sustained wedding season activity.

In the jewellery division, Titan reported mid-teen percentage growth compared to Q1 of FY25. This performance was supported by healthy same-store sales growth across both Tanishq and Mia. The Akshaya Tritiya festival saw significant demand, contributing to revenue uplift despite fluctuating gold prices.

Titan’s domestic watches and wearables division registered high-teen growth over the same period last year. The momentum was driven by continued consumer interest in Titan, Sonata, and Fastrack watches, as well as growing demand in the smart wearables segment. Fastrack Smart, particularly, gained traction during the quarter, boosting the company’s tech-forward product portfolio.

The eyecare segment delivered low double-digit growth, as Titan Eye+ continued to deepen its presence and brand recall. The division introduced a new range of products and continued to focus on expanding customer access.

In emerging businesses, both Fragrances & Fashion Accessories (F&FA) and Taneira showed double-digit growth, reflecting strong brand performance and growing consumer interest in premium lifestyle offerings. Taneira, Titan’s ethnic wear brand, benefited from increased wedding-related purchases and expanded retail reach.

Titan also continued its retail expansion strategy, adding 29 new stores across formats during the quarter. The total retail footprint of the company now stands at 3,059 stores, reinforcing its omnichannel presence across India.

While the financial results for the quarter are subject to board approval and limited review, the Q1 FY26 update highlights a broadly positive performance across business segments, reaffirming Titan’s position as a leading player in India’s consumer lifestyle space.mation, and category expansion.

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