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Delhi News Daily > Blog > Fashion > Timex India Q2 profit jumps 70% to Rs 30 crore; premium brands and e-commerce fuel record growth – Delhi News Daily
Fashion

Timex India Q2 profit jumps 70% to Rs 30 crore; premium brands and e-commerce fuel record growth – Delhi News Daily

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Last updated: November 6, 2025 11:35 am
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Join the community of 2M+ industry professionals.Subscribe to Newsletter to get latest insights & analysis in your inbox.All about ETRetail industry right on your smartphone!

New Delhi: Timex Group India Ltd (TGIL) reported its highest-ever quarterly results, with profit after tax rising 70 per cent year-on-year to Rs 30.2 crore for the quarter ended September 30, 2025, driven by strong growth across its premium and licensed brands.

The company’s total income surged 40 per cent to Rs 244 crore, compared to Rs 174 crore in the same period last year, while total expenses increased to Rs 203 crore from Rs 150 crore. Sequentially, profit more than doubled from Rs 14.7 crore in the June quarter, signalling robust festive momentum and improved operational efficiency.

Growth was broad-based, led by Versace, which grew 57 per cent, followed by Timex at 52 per cent and Guess at 45 per cent. Among sales channels, e-commerce revenue jumped 53 per cent, while the trade channel rose 30 per cent, underscoring the company’s strong omnichannel execution.

“This has been a landmark quarter for Timex Group India — our strongest yet in both revenue and profit,” said Deepak Chhabra, Managing Director, Timex India. “The results reflect our continued focus on premiumisation, product innovation, and multi-channel growth across brands.”

For the first half of FY26, TGIL’s revenue rose 46 per cent year-on-year, profit before tax grew 123 per cent, and EBITDA jumped 116 per cent, maintaining a healthy margin of 15.7 per cent.

The company’s premiumisation strategy has been bolstered by new global collaborations such as Timex x Superman, Jacquie Aiche, and TV Boy, along with India-led collections like Vector and Fria. TGIL also introduced Guess Automatic watches and Guess UESS Jewellery, and announced a partnership with Aston Martin to launch its luxury watch line in India.

Building on this momentum, Timex plans to deepen its market presence and expand across both offline and digital touchpoints, strengthening its position in India’s growing premium lifestyle market.

  • Published On Nov 6, 2025 at 03:40 PM IST

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