Titan posts strong Q4 jewellery growth as Zoya bespoke segment delivers double-digit gains
Titan Company reports robust Q4 jewellery performance with double-digit growth in Zoya's bespoke segment and confidence on gold sourcing via exchange programmes. Akshaya Tritiya, however, saw a 30% volume drop amid price spikes. India holds gold/silver import duties steady.
Titan reports strong Q4 jewellery growth and double-digit Zoya bespoke gains, remains confident on gold sourcing via exchange programmes. India keeps gold/silver import duties unchanged. Akshaya Tritiya saw 30% volume drop on price spike; Reliance Retail and DMart expand stores.
Why this matters
Follows reports of exchange-led sales hitting 50-75% as gold price shocks gut fresh demand, and Titan's emergence as Tata Group's No. 2 by value on the Tanishq engine.
retail-company theme accelerating at +414400% QoQ.