Timex Group India Limited reported a robust financial performance for the quarter ended June 30, 2026 (Q1FY27), with net profit rising 70.5% year-on-year to ₹25.02 crore. Revenue from operations grew 30% to ₹218.9 crore, driven by strong demand in E-commerce and Trade channels, while EBITDA expanded to 352M Rupees from 216M Rupees in the corresponding period last year. EBITDA margin improved to 16.1% from 12.81% in Q1FY26, reflecting improved operational leverage. The Board of Directors approved the unaudited financial results on July 29, 2026, citing successful brand collaborations and strong momentum across its premium portfolio.

The results were reviewed by the Audit Committee and approved by the Board in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Deloitte Haskins & Sells LLP, the statutory auditors, issued a limited review report confirming that the financial statements were not materially misstated. The figures are prepared in accordance with Ind AS 34 and other generally accepted accounting principles in India.

Financial Performance Highlights

Total income reached ₹219.45 crore, up from ₹169.25 crore in Q1FY26. Profit before tax grew 1.7x to ₹33.78 crore from ₹19.87 crore in the corresponding period last year. Other income increased 77.4% to ₹55 lakh from ₹31 lakh. Total expenses rose 24.3% to ₹185.67 crore, reflecting higher material costs but lower than revenue growth, thereby expanding margins. The following table summarises the key financial metrics for the quarter:

Operational Insights

Revenue growth was primarily led by the E-commerce and Trade channels. The E-commerce channel delivered exponential growth of 67%, supported by an expanding digital ecosystem, while the Trade channel, the company's largest business segment, reported 51% growth driven by higher productivity across retail doors. Quick Commerce also gained traction with rapid expansion of dark stores. In terms of brands, Timex registered robust 42% growth driven by global franchises like Todd Snyder and J Crew, while Guess emerged as a strong growth pillar with 74% growth. Aston Martin continued to build on its India debut with expanded retail presence.

Cost of materials consumed increased sharply to ₹155.01 crore from ₹91.00 crore in Q1FY26, indicating higher input costs or volume mix shifts. Advertising and sales promotion expenses rose to ₹18.64 crore from ₹12.46 lakh, and royalty expenses increased to ₹8.02 crore from ₹7.08 lakh. Employee benefits expense grew moderately to ₹16.42 crore from ₹14.06 crore. The company did not report any exceptional items in Q1FY27, unlike the previous quarter where an impact of ₹21.0 lakh was recorded due to new Labour Codes.

What the Numbers Show

The divergence between revenue growth (30%) and expense growth (24.3%) highlights improved operational leverage in Q1FY27. The EBITDA margin expansion to 16.1% from 12.81% in Q1FY26 underscores the company's ability to scale profitably. While material costs rose significantly, the company managed to expand its profit before tax margin from 11.7% in Q1FY26 to 15.4% in Q1FY27, suggesting that pricing power or product mix improvements offset the increase in input costs. The absence of exceptional items this quarter provides a clearer view of underlying operational profitability. Additionally, the strong performance of premium brands like Aston Martin and Guess indicates successful diversification beyond core offerings, reinforcing the company's premiumisation strategy.

Timex Group India Limited has informed BSE of a scheduled interaction with investors and analysts, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting is set for Monday, August 3, 2026, at 3:30 PM IST, and will be conducted in both physical and virtual formats.

Meeting Details

The company has outlined the key parameters of the upcoming investor interaction in its regulatory filing dated July 27, 2026. The session will be a one-to-one meeting or call, offering participants the flexibility to engage either in person or remotely.

Format and Scope of the Session

Timex Group India has explicitly stated that no price-sensitive information or forward-looking statements will be disclosed or discussed during the meeting. The session will be structured as a Q&A interaction, with no formal presentations planned. This approach is consistent with standard regulatory compliance practices for investor engagements under SEBI guidelines.

Schedule Subject to Change

The company has noted that the meeting schedule is subject to revision due to exigencies on the part of either the investors or the company. Any changes to the schedule will be communicated to the stock exchange in a timely manner. Updated information will also be made available on the company's official website at www.timexindia.com .

The filing was signed by Dhiraj Kumar Maggo, Vice President – Legal, HR and Company Secretary at Timex Group India Limited, confirming compliance with the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.