Timex Group India Ltd (TGIL), part of the US-headquartered Timex Group, reported revenues of Rs 800 crore for financial year 2025-2026, up 48% year on year. The company reported a profit before tax of Rs 107.4 crore, up 151% year on year.
Timex Group’s EBITDA stood at Rs 116 crore versus Rs 49.7 crore in the corresponding period of the previous fiscal year. On a quarterly basis, the company clocked revenues of Rs 236 crore in quarter four of fiscal year 2026, up 73% year on year. Profit before tax grew to Rs 38.1 crore in the quarter, up 191% year on year. Times Group reported an EBITDA of Rs 40.4 crore for quarter four, up 167% year on year.
The company said Timex, its core brand, grew 62% year on year, while Guess reported a growth of 51%. Versace delivered a 48% growth compared to the previous fiscal.
MD Deepak Chhabra said financial year 2025-2026 has been a ‘landmark’ phase for Timex Group India.
“Over the last four years, we haven’t just grown, we’ve fundamentally reshaped the business. We are witnessing strong traction across the fashion and luxury watch segments, driven by rising consumer aspiration and demand across markets,” he said.
“As we move forward, our focus is clear: aggressively expanding our portfolio, sharpening our brand mix, scaling manufacturing capabilities, and building deeper consumer relevance through design, innovation, and cultural connect,” he added.
The company said its e -commerce channels recorded a 90% growth in fiscal year 2026 over the previous year. The company said it continued to witness ‘strong traction’ for bridge-to-luxury watches with automatic watches, elevated collaborations, and design-led product categories.
