Timex Group India Ltd. reported a strong performance in the third quarter of FY26, with total income rising 26% year-on-year to ₹151 crore, driven by robust brand momentum and improved operational efficiency. The company also recorded a threefold increase in profit before exceptional items and tax compared to the same period last year.
EBITDA before exceptional items grew 2.23 times year-on-year, while profit before tax before exceptional items rose 3.05 times, highlighting a sharp improvement in profitability. Total income for the quarter stood at ₹15,151 lakh, with profit before exceptional items and tax at ₹801 lakh. An exceptional charge of ₹321 lakh was recorded during the quarter, linked to the implementation of new Labour Codes.
Brand-led growth remained a key driver. The core Timex brand posted 32% growth during the quarter, while licensed brands Guess and Versace delivered strong double-digit expansion. Other portfolio brands also reported steady performance, reinforcing the company’s diversified brand strategy.
Channel-wise, the e-commerce business recorded high double-digit growth, supported by trend-focused assortment planning and increased online demand. The trade channel continued its upward trajectory, aided by sustained retailer interest and market expansion.
Commenting on the results, Managing Director Deepak Chhabra said the quarter reflected the consistency of the company’s strategy, noting a clear shift in the Indian watch market towards premium, design-led and lifestyle-oriented timepieces. He highlighted the launch of Aston Martin watches in India, expansion of the luxury and fashion portfolio, and growing traction for premium Timex collections such as the Atelier range.
For the nine months ended FY26, Timex Group India reported total income of ₹565 crore, marking a 40% increase year-on-year. Profit before exceptional items and tax rose 2.3 times, with e-commerce-including quick commerce-growing 70% and the trade channel expanding 25%. The company said it remains focused on premiumization, omnichannel growth and deeper consumer engagement through the remainder of FY26.
