Jewellers shine in Q4 as gold prices soar

Titan revenue up 25% YoY, low-end demand hit

- VIVEAT SUSAN PINTO

FUELLED BY A rise in gold prices in the March quarter (Q4 FY25), Titan, the country's largest organised jewellery retailer, reported a 25% year-on-year (y-o-y) increase in jewellery revenue, according to its latest business update. Domestic operations grew 24% y-o-y, driven by strong demand for plain gold jewellery and gold coins, indicating a higher consumer preference for gold over other precious metals.