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Titan sees gold exchange driving Tanishq sales
Financial Express Chandigarh
|October 08, 2025
Firm reports 18% rise in Q2 domestic sales
AS GOLD PRICES remain firm, Titan expects 50% of Tanishq sales to come from old gold exchange programmes this festive season.
On Tuesday, the price of gold touched a record %1,20,900 per 10 g, driven by robust global market conditions. Year-to-date, gold prices are up over 50%, hurting local demand.
Titan, the country’s largest jewellery retailer, reported an 18% rise in domestic sales in the September quarter, according to its business update released on Tuesday. This was slower than the 25% growth it saw in the same period last year. Jewellery sales grew 19% yo-y, driven in part by Tanishq’s old gold exchange offers, which began during Navratri. These offers will be on till the end of Diwali.
This story is from the October 08, 2025 edition of Financial Express Chandigarh.
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