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Titan Share Price Rises After Strong Q1 Results as Jewellery Growth Lifts FY30 Outlook
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Management’s confidence in potentially outperforming its FY30 growth targets has strengthened the outlook, although Damas consolidation and a customs-duty benefit inflated some headline numbers.
Titan FY30 Growth Target Gets a Strong StartTitan has outlined an ambitious FY30 strategy that would see most of its major businesses roughly double from FY26 levels.
Domestic jewellery revenue is targeted at around 2 times FY26 levels, while CaratLane is expected to reach approximately 2.3 times its current size.
Titan’s Q1 FY27 results provide a strong opening argument that its FY30 growth targets are achievable, and potentially beatable.
For the Titan share price, investors are therefore likely to focus increasingly on whether jewellery growth can remain above its FY30 run rate without sacrificing margins.