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Titan unfazed about gold supply issues as exchange programmes aid sourcing | Collector
Titan unfazed about gold supply issues as exchange programmes aid sourcing
Business Standard

Titan unfazed about gold supply issues as exchange programmes aid sourcing

Leading branded jeweller maker Titan Company is unconcerned about short-term gold supply issues due to West Asia conflict as its gold exchange programme and contingency sourcing plans are helping mitigate risks. Titan, whose FY26 topline crossed Rs 75,000 crore, said the company's gold exchange programme has been running successfully since the third quarter and it has further strengthened sourcing flexibility for its jewellery businesses. "...our gold exchange programme is very, very successfully being run from the last quarter three onwards. We always used to run this but now we have another level," CFO Ashok Sonthalia said while responding to a query around gold supply. He said the company has measures in place to respond to any supply-related challenges if required."On a short notice we can, if required, further ratchet it. Some of the other Plan Bs are also ready," he said. "We are at least not concerned in the short term as far as gold supply is concerned for Titan, Tanishq an

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