Quarterly Result26 May 2026, 11:21 pm
Timex Group India: FY26 Revenue Hits ₹800 Cr, Up 48% YoY
AI Summary
Timex Group India Ltd (TGIL) reported a robust financial performance for FY26, with revenue reaching ₹800 crore, a 48% increase compared to the previous year. The company's EBITDA stood at ₹116 crore, a 134% jump year-on-year, with EBITDA margin scaling to 14.5%. Profit Before Tax (PBT) was ₹107.4 crores, reflecting a 151% increase. The Board approved the audited financial results for the year ended March 31, 2026, and recommended dividends on preference shares, subject to shareholder approval. M/s Grant Thornton Bharat LLP has been re-appointed as the Internal Auditors for FY 2026-27.
Key Highlights
- Timex Group India's FY26 revenue reached ₹800 Cr, a 48% increase YoY.
- EBITDA stood at ₹116 Cr, a 134% jump YoY, with a margin of 14.5%.
- Profit Before Tax (PBT) increased by 151% to ₹107.4 crores.
- Dividend on preference shares recommended, pending shareholder approval.
- Grant Thornton Bharat LLP re-appointed as Internal Auditors for FY27.
Price Impact
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