Titan posts strong Q1; US jewellery sales rise ahead of tariffs

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Titan Company reported strong growth in its international jewellery business in Q1 FY25, with US sales rising ahead of new tariffs, though current trends remain volatile. MD CK Venkataraman said Titan will avoid abrupt pricing changes and observe developments until August-end. The US market contributes only 2% to sales, but global expansion, including the recent Damas acquisition in the GCC, now accounts for 6% of revenue.