Timex India Q1 FY27 Profit Jumps 70.55% to Rs 25 Cr
By ThePip Desk
Timex Group India reports a remarkable 70.55% YoY surge in Q1 FY27 net profit to Rs 25.02 crore, driven by strong demand and operational efficiency.
Timex Group India announced a significant financial uplift for the first quarter of fiscal year 2027, with net profit surging by 70.55% year-on-year. The company’s profit reached Rs 25.02 crore for the period from April to June, a notable increase from Rs 14.67 crore in the prior year’s corresponding quarter.
This robust performance was mirrored in operational revenue, which climbed by 30% during the quarter. Total income also saw a substantial rise, underscoring strong business momentum.
Key Financial Metrics Q1 FY27
- Net Profit: Rs 25.02 crore, up 70.55% year-on-year
- Revenue from Operations: Rs 218.9 crore, a 30% increase
- Total Income: Rs 219.45 crore, marking a 29.66% rise
Operational efficiency improved considerably, with EBITDA climbing to Rs 35.2 crore from Rs 21.6 crore a year earlier. This led to an expansion of the EBITDA margin to 16.1%, up from 12.81% in Q1 FY26.
The profit before tax margin also saw an improvement, reaching 15.4% compared to 11.7% in the prior year’s first quarter. This indicates enhanced profitability across the company’s operations.
Growth Drivers and Brand Performance
Timex Group India attributed its strong growth to robust demand across key channels. Both e-commerce platforms and traditional trade contributed significantly to the positive results.
The company also noted continued positive momentum within its premium brand portfolio. Individual brand performance highlighted this trend:
- Guess watches: Recorded an impressive 74% growth
- Core Timex brand: Grew by 42% during the quarter
Timex Group India operates as part of the US-headquartered Timex Group, manufacturing and distributing watches and accessories. Its brand portfolio in India includes Timex, Guess, and Versace.
The unaudited standalone financial results were approved by the board of directors on July 29, 2026. For the full fiscal year 2026, the company had previously reported a revenue of Rs 800 crore, with a profit before tax of Rs 107.4 crore and an EBITDA of Rs 116 crore.