Please be informed that the Board of Directors has in its meeting held today i.e May 6,2025 inter alia considered and approved the Audited Financial Results of the Company for the year ....
TIMEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Timex Group India reported record-breaking results for FY25, with total income of ₹540 crore, up 28% from ₹422 crore in FY24. Revenue from operations grew to ₹538 crore, a ~28% increase. Profit before tax surged 54% to ₹42.8 crore, while profit after tax grew ~51% to ₹31.4 crore (EPS of ₹2.62 vs ₹1.36). Q4 FY25 was equally strong, with total income up ~46% at ₹136 crore and PBT up ~39% at ₹13 crore. All key brands posted strong growth: Timex 27%, Guess 28%, Versace 29%, Philipp Plein 281% for the full year. The Board recommended dividend on two tranches of preference shares (~₹954 lakhs on 13.88% CRNCPS and ~₹0.23 lakhs on 0.09% NCRNCPS). Deloitte Haskins & Sells LLP issued an unmodified audit opinion. The company also appointed M/s NKJ & Associates as Secretarial Auditors for 5 years and re-appointed Grant Thornton Bharat LLP as Internal Auditors.
This is a very positive filing for shareholders — record revenue, doubled EPS, and broad-based brand growth signal strong business momentum. However, operating cash flow turned negative at ₹(315) lakhs vs ₹3,248 lakhs last year, largely due to a ₹45 crore build-up in inventory, which is worth monitoring.