While gold prices saw a steep increase, the segment managed high-single-digit buyer growth, breaking a three-quarter streak of flat performance. Growth was particularly explosive in the gold coin category, which nearly tripled in sales. The “like-to-like” secondary growth across all jewellery formats reached approximately 48%.
The Watches and Wearables division saw a mixed quarter. While analog watches grew by 16%, driven by premiumisation trends and brands like Titan and Sonata, the Smart Watches category plummeted by 53% YoY. Meanwhile, EyeCare maintained steady momentum with 16% growth, and Emerging Businesses like Fragrances and Women’s Bags (Irth) grew by 30% and 47% respectively.
On the international front, Titan’s presence jumped, posting a 156% YoY growth, which was largely fuelled by the inclusion of the Damas Jewellery network, which added 127 stores to Titan’s footprint.
Despite this success, the company noted that significant disruptions occurred in the GCC region during March due to conflict in West Asia.
By the end of March 2026, Titan’s global retail network reached a staggering 3,603 stores.
