S Subramaniam, CFO of Titan said sales were returning to normalcy and that the company logged 15 percent growth in sales this festive season versus last festive season.

“We will grow in the jewellery business in Q3. Watches and eyewear business catching up, gold coin sales are returning to normalcy,” he said in an interview to CNBC-TV18.

According to him, sales in tier-III and IV cities too were strong. “We saw an uptick in demand during festive season in tier-I and II cities too,” added Subramaniam.

For entire interview, watch video