Timex India Reports Record Q2 Revenue of ₹359 Cr
Timex Group India Ltd (TGIL) announced its highest-ever quarterly performance for Q2 FY26-27, with revenue reaching an all-time high of ₹359 crore, a 47% increase year-on-year. Profit Before Tax (PBT) rose 57% to ₹64 crore, and EBITDA increased by 54% to ₹66 crore. The company attributed this growth to strong channel momentum, portfolio premiumization, and strategic collaborations. Key brands like Timex and GUESS saw significant growth, with Timex growing 67% and GUESS by 57%. The company expanded its distribution across e-commerce, quick commerce, traditional trade, and travel retail, while also investing in brand visibility through sponsorships and partnerships. TGIL also received several accolades for its brand building and leadership.
Key Highlights
- Quarterly revenue hit a record ₹359 crore, up 47% YoY.
- Profit Before Tax (PBT) increased 57% to ₹64 crore.
- EBITDA grew 54% to ₹66 crore.
- Timex brand sales surged 67% YoY.
- E-commerce channel reported aggressive growth of 75%.
Price Impact
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