Titan Company-owned jewellery brand CaratLane has reported a revenue of ₹1,537 Cr for the third quarter of the current financial year (Q3FY26), up 42% from ₹1,117 reported in the same quarter previous year. On a sequential basis, revenue grew 43% from ₹1,072 Cr. The brand’s EBIT (earnings before interest and taxes) grew about 53% to INR 200 Cr from INR 109 Cr in Q3 FY25. EBIT margin grew 287 bps to 13% from 10.1% in the year-ago quarter. Titan noted that its jewellery portfolio, which includes CaratLane, delivered an overall “blockbuster” quarter, elevated by a festive season boost to sales. The company attributed the robust growth across its jewelry catalogue to strong exchange programme, wedding demand, festive collections and attractive coin offers, which sustained momentum through the quarter despite elevated gold prices. Additionally, CaratLane’s studded portfolio clocked a robust 35% YoY growth led by consumer offers during this period. “Targeted promotions bundling coins resonated well with customers, aiding in conversions and increase in average ticket sizes,” the company said. Titan also launched a brand focussed on lab-grown diamonds during the quarter called beYon. It noted that this is unlikely to have an effect on its existing brands like CaratLane that… Read MoreInc42 Media
