Ethos Limited Reports Strong Revenue Growth in Q1 Amid Currency Headwinds Aug 14, 2025
Ethos Limited's Stake in Subsidiary Diluted to 75.05% Following ₹179.50 Crore Fundraise Aug 13, 2025
Ethos Expands Middle East Presence with Full Acquisition of Ficus Trading LLC Jun 17, 2025
More news about Ethos
16Jun 25
ETHOS Strengthens Middle East Presence with Full Acquisition of Ficus Trading LLC
Ethos, a major player in India's luxury watch retail market, has acquired 100% ownership of Ficus Trading LLC, a company operating in the Middle East. This strategic move aims to strengthen Ethos's presence in the region, enhance operational control, and drive revenue growth. The acquisition is expected to bolster Ethos's international brand presence and market reach in the luxury watch segment.
03Jun 25
Ethos Secures Approval for ₹4.10 Billion Rights Issue
Ethos Limited, a major player in India's luxury watch retail market, has received approval for a rights issue to raise up to ₹4.10 billion. The company will offer new shares to existing shareholders, allowing them to increase their stake potentially at a discounted price. This capital raise could be used for various purposes such as expansion, inventory enhancement, debt reduction, or technology investments. The move is seen as a strategic step to strengthen Ethos's financial position and capitalize on growth opportunities in the luxury timepiece retail sector.
14May 25
Ethos Expands Luxury Watch Presence with 'City of Time' Launch in Gurugram
Ethos Limited has launched 'City of Time, Gurugram', a new retail concept featuring five exclusive brand boutiques and two multibrand boutiques. This strategic expansion aims to strengthen Ethos' position in the luxury watch retail sector, targeting the affluent population in Gurugram. The 'City of Time' concept offers an immersive shopping experience, showcasing a wide array of high-end timepieces under one roof. This move is expected to enhance customer experience, potentially drive sales growth, and capture a significant share of the growing luxury market in the region.
13May 25
Ethos Expands Luxury Watch Retail Footprint with 'City of Time, Gurugram'
Ethos Limited, India's leading luxury watch retailer, has launched 'City of Time, Gurugram', a new retail concept in the National Capital Region. The expansion includes five exclusive brand boutiques and two multi-brand boutiques, significantly increasing Ethos's footprint in the affluent Gurugram market. This strategic move aims to capture a larger share of the luxury watch segment, cater to diverse customer preferences, and enhance the overall watch-buying experience.
05May 25
Ethos Ltd: Q4 Revenue and EBITDA Grow, Profit Growth Modest
Ethos Limited, India's leading luxury watch retailer, reported a 23.30% increase in Q4 revenue to ₹311.31 crore, with EBITDA growing 32.30% to ₹47.59 crore. Net profit rose 8.10% to ₹22.74 crore. The company also appointed Mr. Mukul Khanna as a new Director and Executive Director through a postal ballot, with both resolutions receiving over 99% approval from shareholders.
28Feb 25
Ethos Secures $6 Million Funding to Revolutionize Model Risk Management in Finance
Fintech company Ethos has raised $6 million in funding to modernize model risk management solutions for banks and fintech companies. The company aims to enhance accuracy in risk assessment, improve efficiency in model management, and explore AI-driven solutions for risk mitigation. This funding highlights growing investor interest in specialized fintech solutions and underscores the need for improved risk management tools in the evolving financial landscape.