ET Intelligence Group: shares have gained nearly 7.4% after declaring double-digit revenue and profit growth for the fourth quarter on May 8, outperforming the 5% gain in the BSE Durables index amid a volatile broader market. The and watch maker is expected to continue reporting strong momentum driven by increase in ticket sizes and reach. It plans to open 40-50 new in FY26 while aiming to renovate, relocate or enlarge 50-60 existing stores.
According to , Titan observed an impact on consumer sentiment due to high , in gold jewellery, within the sub-₹50,000 price band. In the higher price band, buyer growth was seen with higher demand for simple designs that attracted lower making charges. To offer more options to consumers amid steep gold prices, Titan has introduced a 9-carat collection in its Caratlane business to make products affordable.
Higher gold prices also increased the company’s finance cost to ₹252 crore in the March 2025 quarter from ₹201 crore in the year-ago quarter. Jewellers and manufacturers tend to lease gold from bullion banks instead of maintaining their own inventories of the precious metal to reduce the risk of price volatility. Gold-on-lease (GOL) rates shot up recently, adding to the woes of gold users.