Leading jewellery and watchmaker Titan on Monday reported an increase of 59 per cent in consolidated net profit at Rs 1,120 crore for the September quarter of FY26.
The country's largest listed gold jewellery maker, Titan Company, maintained its growth pace in the April-June quarter of 2025-26 (FY26).
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With a smart combination of edgy design and value pricing Titan's Fastrack has managed to keep a firm grasp on the capricious youth market.
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Titan is investing heavily on research and development, which will do things beyond a smart watch can do today such as switching off lights, locking, and unlocking doors and making payments. Titan is also working closely with start-ups, too, to develop such futuristic features.
Titan expects sales of premium-priced watch sales to grow by leaps and bounds in the future on the back of a growing disposable income among working professionals and income categories, says Pavan Lall.
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In fact, when it comes to engaging fans on social networking sites such as Facebook, Indian brands have done better than their global peers -- in terms of growth rate and in some cases, even in the absolute number of fans.
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The Titan and Fastrack brands fared well and also saw their margins expand. Watches accounted for 1 per cent of the Gitanjali Group's total turnover. The watch industry is estimated to be a Rs 2,500 crore market, growing at 5 per cent per annum. The premium-to-luxury market is close to being a Rs 300-500 crore market and will grow at a compounded annual growth rate of 30-35 per cent to be a Rs 1,500-2,000 crore market in the next six to seven years.
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Titan Eye+ stores will also provide services like eye check-ups and style consultancy. This will be the company's third business after watches and jewellery.
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Titan will become the latest Indian brand to ride on the back of the global e-retail major
The government, in February, had released the draft national e-commerce policy proposing setting up a legal and technological framework for restrictions on cross-border data flow and also laid out conditions for businesses regarding collection or processing of sensitive data locally and storing it abroad.
While it is heartening to see companies chipping in with their messages of support, they are probably walking a tightrope here.
Before you go out and pick the perfect watch for you keep in mind that not all watches are the same and not every watch is good for every occasion. Find here to know more.
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