Skinn
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Titan's Chawla bets on watches, eyewear, bags to cut 90% jewellery dependency after ₹30,000 cr wipeout
MD Ajoy Chawla is rewiring Titan as gold-import curbs and PM's anti-gold remarks triggered a 7% crash despite 46% Q4 growth. Plan: scale Skinn fragrances (38% YoY), expand IRTH bags from 17 to 200-300 stores, push EyePlus, and reduce reliance on jewellery that drives 94% of incremental growth.
Mint · Companies · 5/25/2026, 11:37:47 AM
Titan's Chawla moves to defuse 90% jewellery dependence as ₹30,000 cr wiped in stock rout
MD Ajoy Chawla is rewiring Titan beyond Tanishq, scaling watches (₹5,267 cr, 15-16% Ebit), eyewear (₹916 cr vs Lenskart's ₹8,800 cr), Skinn fragrances, IRTH handbags and Taneira ethnic wear—after gold tariff shock and PM's gold caution triggered a 7% crash.
Mint · 5/25/2026, 11:36:34 AM
Titan crosses Rs 75,000 cr revenue as multi-category lifestyle bet pays off
Titan's FY26 revenue is set to top Rs 75,000 crore, up from Rs 50,000 crore in FY25, with jewellery growing 48% and Damas deepening West Asia presence. Tanishq, CaratLane, Mia, Skinn, Fastrack, Taneira and Irth anchor an expanding portfolio across jewellery, watches, eyewear, fragrances, sarees and bags.
Business Today · Latest · 5/24/2026, 7:50:45 AM
Titan Q4 profit jumps 35% to Rs 1,179 cr; jewellery revenue surges 50%
Titan's Q4 FY26 net profit rose 35% YoY to Rs 1,179 cr on 46% revenue growth, driven by a 50% jump in jewellery. India jewellery grew 46% to Rs 17,114 cr; international jewellery nearly tripled (+174%) aided by Damas. FY26 PAT up 52% to Rs 5,073 cr. 27 net new India stores added; shares rose 6.3%.
BW Retail World · 5/13/2026, 9:06:10 PM