Q1 FY25-26 Business Update
Timex Group India Ltd. reported strong growth in the first quarter of the financial year 2025-26. The company achieved a 55% revenue growth compared to the same period in the previous year. Significant increases were also observed in EBITDA (361% growth) and PBT (511% growth). The Timex brand experienced its best quarter, and the trade channel saw substantial double-digit growth, bolstered by a strong Lagan season. Additionally, Timex Group launched Guess Jewelry in India during this period.
Key Collaborations & Launches
- Timex x Jacquie Aiche Legacy Desert Daze Watch: A timepiece inspired by desert beauty, symbolizing self-discovery and spiritual connection.
- Timex x Wednesday Collection: A collaboration featuring eerie details and dark charm, inspired by the style of Wednesday Addams.
- Timex 1995 Intrepid Reissue: A modern take on a classic '90s dive-inspired timepiece, a joint effort by Timex, Dimepiece, and Foundwell.
- Guess Jewelry Launch: Timex Group introduced the GUESS Jewelry brand in India with its Spring/Summer 2025 collection, blending international trends with feminine design for the Indian market.
- Timex Smart Nova: A new smartwatch emphasizing a fashionable design with advanced features like Bluetooth calling and an AMOLED display.
Social Highlights
Timex engaged in social media campaigns promoting an "analog life" and "Make time yours." Key collaborations included partnerships with ELLE India and actor Pooja Hegde. The company also focused on content related to its heritage collections like Waterbury, Deepwater Meridian, Marlin, and Expedition, while exploring trends like AI and the "Mini Toy Trend."
