Titan eyes 30% Q1 revenue growth as retail network reaches 3,680 stores
Ahead of its August 7 results, estimates point to about ₹19,000 crore in June-quarter revenue and more than 19% net-income growth, led by jewellery. Titan added 77 net stores, including 33 jewellery locations, while higher gold prices and import-duty changes remain key watchpoints.
Titan is expected to report strong June-quarter growth, led by jewellery demand and higher ticket sizes. Its retail network reached 3,680 outlets after 77 net additions, while investors await commentary on higher gold and silver import duties and festive-season demand.
Why this matters
The growth outlook follows HSBC maintaining a Buy rating on Titan and recent disclosures naming K. Vivekanandan and Dr. D. Karthikeyan as directors on Titan's board.
retail-company is accelerating, up 166622% QoQ.