The company says that the luxury business continued its momentum with double-digit growth of 11 per cent during the recently concluded quarter
Led by focused strategy of premiumisation and aggressive channel expansion, Timex Group India or TGIL, a company in watchmaking business, has ended the financial year 2025 with total income reaching Rs 540 crore, marking a high double-digit growth of 28 per cent.
Sharing the results for the fourth quarter and the full fiscal year 2025-25, the company stated that the earning before interest, tax, depreciation and amortisation (EBITDA) grew at a strong double-digit rate of 35 per cent, while Profit Before Tax (PBT) surged by 41 per cent.
“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,” stated Deepak Chhabra, Managing Director of Timex India.
In Q4FY25, Timex, the core brand, posted robust growth of 44 per cent, while Guess sustained steady growth of 25 per cent over the quarter. As far as the channel performance is concerned, the company, part of the United States-headquarted Timex Group, added that the trade channels maintained strong growth at 39 per cent.
Ecommerce continued to be a strong contributor with a growth of 29 per cent. The company said that the luxury business continued its momentum with double-digit growth of 11 per cent during the recently concluded quarter, on the back of rising consumer affinity for premium segments.
When it comes to brand performance in FY25, Timex grew by strong 27 per cent. The company stated that Guess Watches continued the momentum with 28 per cent growth and Versace registered a 29 per cent growth.
