Timex Group India Q2 revenue rises 47 pc to record Rs 359 crore; PBT up 57 pc
Among brands, Timex recorded 67 per cent growth, while Timex and its sub-brands together grew 65 per cent. GUESS reported 57 per cent growth, supported by new collections and the appointment of actor Tamannaah Bhatia as brand ambassador. Aston Martin, which entered the Indian market last year, expanded its presence to more than 100 points of sale.
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Timex Group India reported its highest-ever quarterly revenue of Rs 359 crore in the second quarter of FY27 , registering a 47 per cent year-on-year increase. EBITDA rose 54 per cent to a record Rs 66 crore, while profit before tax (PBT) increased 57 per cent to Rs 64 crore, also the highest quarterly level recorded by the company.
Growth was supported by performance across sales channels, with e-commerce revenue rising 75 per cent year-on-year. The trade channel grew 34 per cent, while exclusive retail recorded 48 per cent growth, aided by expansion of the store network and improved productivity per outlet. Other channels also reported high double-digit growth.
Among brands, Timex recorded 67 per cent growth, while Timex and its sub-brands together grew 65 per cent. GUESS reported 57 per cent growth, supported by new collections and the appointment of actor Tamannaah Bhatia as brand ambassador. Aston Martin, which entered the Indian market last year, expanded its presence to more than 100 points of sale.
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