Timex Group India Delivers Record FY25 Performance
By Neha Gupta, Research Analyst
TIMKEN
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New Delhi | Timex Group India Limited delivered one of its strongest financial performances in FY 2024–25, reporting record revenue and profitability as India's premium watch market continued to expand. Supported by strong demand for luxury brands, growing digital sales, and improved operational efficiency, the company achieved its highest-ever annual revenue while strengthening its position across premium, fashion, and smart wearable categories.
Highest-ever annual revenue
Record Profit Before Tax
Strong luxury watch sales
Continued expansion of digital channels
Successful integration of the Justwatches retail network
Strong growth in premium international brands
The successful transition of the Justwatches retail footprint demonstrates management's execution capability while strengthening the company's retail presence across India.
Financial Performance Reflects Operational Strength
Timex delivered broad-based financial improvement during FY25.
Key highlights include:
Revenue Growth: 28%
Profit Before Tax Growth: 54%
Highest-ever annual turnover
Improved operating margins
Better working capital management
Managing Director Deepak Chhabra received total remuneration of approximately ₹5.52 crore, rl.
Disclaimer: This article is intended solely for educational and informational purposes and should not be construed as investment advice. Investors should conduct their own due diligence or consult a qualified financial advisor before making investment decisions.