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TIMEX GROUP INDIA LTD.-$ Q3 FY25 Results

TIMEXQ3 FY25 Results
Filing
MetricValue (₹ Cr)vs Q2 FY25
Revenue119.9431.1%
Total Income120.3530.9%
Expenditure117.7221.7%
PBT2.6389.0%
Net Profit1.9489.1%
OPM0.19%12.67pp
NPM1.61%8.62pp
EPS0.0795.9%
View full financials

Timex Group India Ltd Reports Double-Digit Growth in Q3 FY25

31 Jan 2025 · 31 Jan 2025, 04:20 am

Summary

Timex Group India Ltd has reported an impressive financial performance for the third quarter of fiscal year 2025, with a total income of X120 crores, reflecting a double-digit growth of 27% vs last quarter. EBITDA and PBT were reported at 4.6 crores and X2.6 crores respectively. The company saw strong performance across channels, with traditional trade being the largest sales contributor at 30% growth.

Key Highlights

  1. 1

    Total income of X120 crores, reflecting a double-digit growth of 27% vs last quarter

  2. 2

    EBITDA and PBT each reported at 4.6 crores, and X2.6 crores respectively

  3. 3

    Traditional trade saw an impressive growth of 30%

  4. 4

    E-commerce maintained the growth momentum

  5. 5

    Defence sector demonstrated significant progress

  6. 6

    Total income reached 2403.7 crores, showing an impressive 23% double-digit growth

  7. 7

    Profit Before Tax (PBT) also saw an increase of 62%

  8. 8

    Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) grew by 44%

  9. 9

    Timex maintained the growth momentum with a 22% increase

  10. 10

    Luxury brand Versace, saw a spectacular growth of 37%

  11. 11

    Guess grew by 29%

  12. 12

    Philipp plein at 337%

Management Comments

M

Mr. Deepak Chhabra

Managing Director, Timex Group India Ltd

We are excited to share yet another successful quarter performance, which is a result of our continuous focus on delivering exceptional craftsmanship and tapping into emerging market opportunities in the premium segment. The outstanding performances of our flagship Timex brand coupled with fashion and luxury segments, inspire us to keep innovating and expanding our reach to meet India’s growing appetite for premium timepieces.”

Informational and educational content only. Not investment advice.