Timex India Q1 FY27 Revenue Up 30% to ₹218 Cr, PBT Jumps 70%
Timex Group India Ltd (TGIL) reported a robust performance for the first quarter of FY26-27, with total revenue reaching ₹218 Crores, a 30% increase year-on-year. The company achieved significant profit growth, with Profit Before Tax (PBT) surging by 70% to ₹33.8 Crores, representing a 15.4% margin. EBITDA also saw a substantial 63% rise to ₹35.8 Crores, expanding the margin to 16.3%. This strong performance is attributed to premiumization strategies, portfolio innovation, enhanced channel productivity, and growing consumer demand across its brands, including Timex, Guess, and Aston Martin. The e-commerce channel led growth with a 67% surge, followed by the trade channel at 51%. The company is optimistic about continued growth, especially heading into the festive season.
Key Highlights
- Q1 FY26-27 revenue grew 30% YoY to ₹218 Crores.
- PBT increased 70% YoY to ₹33.8 Crores, with margins at 15.4%.
- EBITDA grew 63% YoY to ₹35.8 Crores, margin expanded to 16.3%.
- E-commerce channel saw 67% growth, trade channel up 51%.
- Brand Timex grew 42%, Guess surged 74%.
Price Impact
More from TIMEX