Early Signs are Very Good for Q3 and Q4: Titan CFO

Early Signs are Very Good for Q3 and Q4: Titan CFO

Ashok Sonthalia, CFO of Titan Company, expressed optimism about the demand during the festive season, particularly in the mid-premium, premium, and high-value segments. He mentioned that while entry-level demand was slow, the growth in consumer numbers and positive early signs point towards a strong Q3 and Q4. Sonthalia also discussed the sustainable EBIT margin of the jewellery segment and the trend of premiumisation. He highlighted the growth potential of CaratLane and the company’s focus on store expansion and international markets. Additionally, he mentioned the market share target for FY27 and provided insights into the diamond market and trends in the watch and eyewear businesses.

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TIS Staff

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