The Board of Directors has, in its meeting held today i.e. on February 3, 2026, inter-alia, considered and approved the Un-audited Financial Results of the Company for the quarter and nine ....
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The Board of Timex Group India approved unaudited financial results for Q3 FY26 (Oct-Dec 2025) and 9M FY26, reviewed by auditor Deloitte Haskins & Sells LLP with an unqualified review report. Revenue from operations grew to Rs. 15,078 lakhs in Q3, up 25.7% from Rs. 11,994 lakhs in Q3 last year. For the 9-month period, revenue surged to Rs. 56,339 lakhs from Rs. 40,269 lakhs, a growth of nearly 40%. Profit after tax (PAT) rose sharply to Rs. 320 lakhs in Q3 (vs Rs. 194 lakhs) and to Rs. 4,810 lakhs for 9M (vs Rs. 2,218 lakhs). The company reported an exceptional item of Rs. 321 lakhs related to the impact of new Labour Codes on gratuity liability. Earnings per share for 9M stood at Rs. 4.40 vs Rs. 1.83 last year.
Strong topline and bottomline growth signals healthy business momentum, likely positive for the stock. However, the Rs. 321 lakh one-time Labour Codes charge is a non-recurring drag on reported profits, though the underlying operational performance remains robust.