Please be informed that the Board of Directors has, in its meeting held today, i.e. November 04, 2025, inter alia, considered and approved the Un-audited Financial Results of the Company ....
TIMEX · price
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Awaiting price reaction for this filing.
Timex Group India reported record-breaking quarterly results for Q2 FY26, with revenue from operations growing ~44% year-on-year to Rs. 24,367 lakhs and profit after tax more than doubling to Rs. 3,023 lakhs. For H1 FY26, revenue rose 46% to Rs. 41,261 lakhs, PBT jumped 123% to Rs. 6,056 lakhs, and EBITDA grew 116% to a 15.7% margin. All core brands delivered strong growth (Versace 57%, Timex 52%, Guess 45%), led by a 53% surge in e-commerce and 30% growth in the trade channel. The Board also approved a Rs. 12.71 crore interim dividend on 13.88% cumulative redeemable preference shares to clear four years of unpaid accumulated dividends (FY 2020-21 to FY 2023-24). Deloitte Haskins & Sells LLP issued an unqualified review report.
Strong double-digit revenue and triple-digit profit growth signals robust business momentum and successful premiumisation strategy, likely positive for stock sentiment. Retail equity shareholders should note the declared dividend is on preference shares only, not equity shares, so no direct income accrues to common shareholders from this announcement.