The Economic Times

Titan's strong Q3 growth driven by gold FOMO; jewellery sale ticket sizes grow but buyer numbers stay flat: MD

Titan achieved a strong third quarter. Higher gold prices spurred customers to buy more valuable items. A fear of missing out drove sales during festivals and weddings. Despite flat buyer numbers, ticket sizes grew significantly. Titan's exchange gold strategy also saw a surge. The company outperformed the industry in gold jewellery grammage decline.