Titan bets on coloured gems to spur entry-level jewellery demand

In the December quarter, Titan’s Tanishq-led jewelery portfolio, which also includes Mia and Zoya, reported revenue as follows: ₹19,921 crore, up nearly 40% year-on-year, although Mia’s figures were not disclosed separately. CaratLane posted the following revenue: ₹1,537 crore, up 42%. Titan’s 3rd quarter consolidated revenue ₹24,501 crore, of which over 87% came from the jewelery business.