India's Titan posts quarterly domestic sales jump as gold surge boosts jewellery revenue

Titan

06/01/2026 15:15

BENGALURU, Jan 6 - India's Titan Company TITN.NS on Tuesday reported a 38% rise in domestic sales for the third quarter, helped by skyrocketing bullion prices.

Titan's jewellery business, which accounts for nearly 88% of its revenue, grew 41% year-on-year, the company said in a business update for the quarter ended December 31.

Spot gold prices XAU= rose nearly 12% during the quarter in a year in which the precious metal clocked its steepest rise since 1979, driven by geopolitical uncertainties, rate cuts and robust central bank buying.

 (Reporting by Komal Salecha in Bengaluru; Editing by Sahal Muhammed)

 ((komal@thomsonreuters.com; 6354975591))