Titan witnessed strong demand across its consumer businesses and clocked 36 per cent revenue growth over the festive quarter last year, the company said in the quarterly update.
The Tata-owned company’s jewellery business witnessed a 37 per cent growth year-on-year (excluding sale of bullion). It added 14 more stores taking its store count to 428.
“Buoyancy in jewellery demand driven by festive purchases in October and November helped the division achieve significant revenue uplift for the quarter,” the company said in its update.
During the quarter gone by, the company saw significantly higher walk-ins at its jewellery chain Tanishq. It also witnessed higher