Revenue from operations rose to Rs 218.90 crore in the first quarter of the current financial year from Rs 168.94 crore
Timex Group India has reported a 70.5 per cent year-on-year uptick in its net profit in the first quarter of the current financial year. Profit rose to Rs 25.02 crore in Q1FY27 from Rs 14.67 crore in Q1FY26. Revenue of the company also surged 30 per cent YoY.
The financial results of the company revealed that revenue from operations rose to Rs 218.90 crore in Q1FY27 from Rs 168.94 crore in the corresponding period of the last financial year (Q1FY26). The company attributed the strong performance to its premiumisation strategy, sharper portfolio play, enhanced channel productivity and growing consumer traction across its brand portfolio.
Earnings before interest, taxes, depreciation and amortisation (Ebitda) expanded to 16.3 per cent, delivering Rs 35.8 crores, with a significant increase of 63 per cent over the same quarter last year. The ecommerce channel continued its upward trajectory, delivering exponential growth of 67 per cent, supported by an expanding digital ecosystem.
The trade channel, the company’s largest business channel, reported 51 per cent growth, driven by higher productivity across retail doors and deeper market penetration. The company noted that quick commerce continued to gain traction with the rapid expansion of its dark stores.
Timex, the company’s flagship brand, registered a 42 per cent growth over the corresponding quarter last year, driven by increasing demand for its global franchises and higher-priced offerings. Guess emerged as a strong growth pillar during the quarter, delivering 74 per cent growth, supported by successful new collection launches and continued design innovation.
“We are seeing consistent momentum across fashion and luxury watch segments, led by rising aspiration, design-led innovation and growing consumer preference across markets. As we move into the festive season, we remain focused on scaling with intent, investing in brand salience and deepening presence across channels,” stated Deepak Chhabra, Managing Director, Timex Group India.
