Please find attached the Press Release on the Financial Results of the Company for Q2 of FY 25-26.
TIMEX · price
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Timex Group India reported its best-ever quarterly results for Q2 FY26 (quarter ended Sept 30, 2025). Revenue from operations rose to Rs. 24,367 lakhs from Rs. 16,894 lakhs in Q2 FY25, a growth of about 44%. Profit before tax surged to Rs. 4,069 lakhs from Rs. 1,987 lakhs, more than doubling year-on-year. For the half-year (H1 FY26), revenue grew 46% to Rs. 41,261 lakhs, PBT jumped 123% to Rs. 6,056 lakhs, and EBITDA grew 116% with margins expanding to 15.7%. All core brands posted strong growth: Versace up 57%, Timex up 52%, and Guess up 45%, with e-commerce up 53%. The Board also approved an interim dividend of Rs. 12.71 crores on cumulative preference shares to clear unpaid accumulated dividends from FY20-21 to FY23-24. Operating cash flow was robust at Rs. 6,396 lakhs for the half-year.
Strong positive for shareholders — record-breaking revenue and profit growth across all brands and channels, expanding margins, and healthy cash generation signal strong business momentum. The preference share dividend clears a long-pending obligation, which is constructive for governance. Short-term stock reaction is likely to be positive given the magnitude of growth.