Apparels & Accessories company Timex Group India announced Q1FY26 results Financial Highlights: Total Income at Rs 16,925 lakh (grown by 55%) during the quarter as compared to Rs 10,919 lakh last year. EBITDA at Rs 2,195 lakh (grown by 361%) during the quarter as compared to Rs 476 lakh last year. Profit before tax for the quarter is at Rs 1,987 lakh (grown by 511%) as compared to Rs 325 lakh last year. Other expenses include Advertising & Sales promotion expenses of Rs 1246 lakh during the quarter as compared to Rs 1196 lakh to last year same quarter. Other expenses also include Royalty of Rs 708 lakh during the quarter as compared to Rs 390 lakh to last year same quarter. Business Highlights: Timex, the flagship brand, delivered a powerful 77% year-on-year growth this quarter, reinforcing its leadership in the segment Guess Watches showed strong resilience with a 33% growth over the same quarter last year Versace recorded a notable growth of 18%, driven by rising demand for aspirational luxury watches E-commerce posted a stellar 102% year-on-year growth, doubling its business and reaffirming TGIL’s strong digital strategy Trade channel, the company’s largest channel, posted an impressive 22% growth on top of a high base Deepak Chhabra, Managing Director of Timex India said, “What a phenomenal start to the year! Our flagship brand, Timex, has delivered its best-ever performance this quarter, a clear reflection of our sharp focus on premiumisation, product innovation, and expanding consumer access. Growth across all channels and brands has come together to create this strong momentum. With a growing slate of global collaborations and a robust omnichannel strategy, we’re confident in accelerating this trajectory and further reinforcing Timex’s leadership in India’s dynamic watch market.” Result PDF
Apparels & Accessories company Timex Group India announced Q4FY25 results Revenue: Rs 13,541 lakh compared to Rs 9,206 lakh during Q4FY24, a remarkable increase of 46%. EBITDA grew at a strong doubledigit rate of 35%. Profit Before Tax (PBT) surged by 41%. PAT: Rs 924 lakh compared to Rs 708 lakh during Q4FY24. Deepak Chhabra, Managing Director, Timex India, said: “This has been a truly outstanding quarter and year for Timex Group India Ltd, with a recordbreaking growth. I am filled with immense pride and gratitude as we celebrate our quarterly and annual performance. This year, we have not only broken records but set new benchmarks for the future. We are committed to building on this momentum and amplifying brand presence across the length and breadth of the country, and touchpoints right from quick commerce to retail outlets. Consumers’ love and loyalty for Timex is inspiring and keeps us going” Result PDF
Apparels & Accessories company Timex Group India announced Q3FY25 results Total income of Rs 120 crore, reflecting a double-digit growth of 27% vs Q2FY25. EBITDA and PBT show the upward journey of the company, each reported at Rs 4.6 crore, and Rs 2.6 crore respectively. Deepak Chhabra, Managing Director, Timex Group India, said: “We are excited to share yet another successful quarter performance, which is a result of our continuous focus on delivering exceptional craftsmanship and tapping into emerging market opportunities in the premium segment. The outstanding performances of our flagship Timex brand coupled with fashion and luxury segments, inspire us to keep innovating and expanding our reach to meet India’s growing appetite for premium timepieces.” Result PDF
Other Apparels & Accessories company Timex Group India announced Q2FY25 results E-commerce channel led the charge with a growth of 88% vs the previous year’s same quarter. The luxury segment recorded a substantial growth of 63% over the same period last year, showcasing the rising demand for premium timepieces in India Trade channel, saw 25% growth, continuing its upward trajectory from the previous year. Timex, the flagship brand of TGIL, continued to drive growth on a higher base of the previous year and posted a strong performance with 47% revenue growth. Guess witnessed a solid growth of 59% in Q2FY25. Versace, a key luxury brand in the TGIL portfolio, experienced remarkable growth of 56%, reaffirming its stronghold in the luxury segment. Deepak Chhabra, Managing Director of Timex India, said: “Our focused strategy of brand premiumization, channel expansion, and consumercentric marketing has enabled us to deliver historic revenue numbers this quarter. Timex remains a key driver, but we are also seeing tremendous momentum across our fashion and luxury segments, with brands like Guess, Versace, Philipp Plein, and Nautica performing exceptionally well. With our expanded product portfolio and strategic retail initiatives, we are confident in our ability to maintain this growth trajectory for years ahead.” Result PDF
Apparels & Accessories company Timex Group India announced Q1FY25 results: Channel Performance The biggest channel, traditional trade, grew by 10% vs the previous year’s same quarter TGIL widened its already vast distribution network with addition of 107 points of sale across the country, taking the total retail footprint to over 5500 stores Consistent expansion in retail continued in the quarter with addition of 8 exclusive stores across Timex World and Just Watches Brand Performance Luxury brand Versace, one of the marquee names in the TGIL portfolio, witnessed a phenomenal growth of 93% vs the previous year’s same quarter Fashion brands Guess and Gc witnessed a considerable growth of 16% and 23% respectively in the quarter over same period previous year The international luxury brand Philipp Plein, part of licensed brand portfolio, saw expansion bothonline & offline, and reported substantial growth in the quarter Commenting on the quarter’s performance Deepak Chhabra, Managing Director of Timex India said, “Our strategic partnerships, targeted campaigns, and expanded retail presence have helped us grow and reinforced our brands’ positioning in the premium segment. The category is witnessing premiumization and higher engagement. With 16 brands in the portfolio, we are well-placed to capitalize on this trend. Our focus remains on expanding the retail presence of our brands across the country, with a diverse product portfolio and robust strategic marketing roadmap to ensure sustainable business growth.” Result PDF