New Delhi: Timex Group India Ltd (TGIL) reported strong earnings growth in the December quarter of FY26, with consolidated profit after tax rising 65 per cent year-on-year to ₹3.20 crore, compared with ₹1.94 crore in the same quarter last year, the company said in its regulatory filing on Wednesday.
Its total income for Q3 FY26 stood at ₹151 crore, registering a 26 per cent YoY growth, driven by robust demand across its core Timex brand, licensed portfolio and sustained momentum across offline and online channels.
The company’s EBITDA before exceptional items more than doubled during the quarter, growing 2.23 times YoY, while profit before tax and exceptional items rose over three-fold, reflecting operating leverage, improved product mix and higher contribution from premium and luxury categories, as per the BSE filing.
The Timex brand led growth during the quarter, recording a 32 per cent increase in revenues. Licensed brands such as Guess and Versace also posted strong double-digit growth, while other brands delivered steady performance.
E-commerce emerged as a key growth driver, delivering high double-digit growth during the quarter, supported by improved assortment planning and merchandising. The trade channel also reported steady growth, indicating stable retailer demand.
For the nine months ended December 2025, Timex Group India reported total income of ₹565 crore, up 40 per cent year-on-year. Profit before exceptional items and tax grew 2.3 times over the same period last year.
During 9M FY26, e-commerce including quick commerce grew 70 per cent YoY, while the trade channel expanded 25 per cent. The flagship Timex brand recorded 52 per cent growth, with Guess and Versace together growing 36 per cent, led by rising demand for premium, fashion and bridge-to-luxury watches.
The company continued to strengthen its premium portfolio during the quarter with new launches and expanded manufacturing capacity to nearly 10 million units annually, supporting future growth and scale.
Deepak Chhabra, managing director at Timex Group India Limited, said, “This quarter’s performance reflects the consistency of our strategy and execution. The Indian watch industry is witnessing a clear shift towards premium, design-led and lifestyle-driven timepieces, with significant headroom for expansion in a large, underpenetrated market. Through key developments such as the launch of Aston Martin watches in India, continued expansion of our luxury and fashion portfolio, and higher-value collections within Timex, including the Atelier range, we saw positive consumer response during the quarter.”
