Latest news with #TimexGroupIndia
Time of India
2 days ago
- Business
- Time of India
Timex celebrates the power of simplicity and living in the moment
HighlightsTimex has launched its Analog Life | Make Time Yours campaign in 2025, encouraging individuals to live with intention amidst a digital-heavy lifestyle. The campaign includes the introduction of AnaLog-Off Day, promoting offline connections and the importance of shared moments. Deepak Chhabra, managing director of Timex Group India, emphasizes that a Timex watch symbolizes intentional living and reclaiming one's time. Timex has introduced its Analog Life | Make Time Yours campaign in 2025, redefining what it means to live with intention. At a time when life feels more digital than ever, Timex celebrates the power of simplicity and living in the moment, this National Watch Day , urging people to take control of their time, amplify what truly matters and make every second count. Timex believes that simplifying life doesn't mean slowing down—it means amplifying joy, connection, and purpose. As part of this movement, the brand is rolling out AnaLog-Off Day , inspiring people to unplug, connect offline, and celebrate the power of shared moments . Deepak Chhabra, managing director, Timex Group India said, 'With the Analog Life- Make Time Yours campaign, we're inviting people to pause, reflect, and reclaim their moments because a Timex isn't just a watch; it's a symbol of living with intention and presence.' Through the Make Time Yours campaign, Timex celebrates the authentic analog moments that make all our lives special and pays tribute to intentional living through timepieces that go beyond mere functionality. Rooted in enduring craftsmanship, each watch is designed as a timeless companion, urging people to take control of their time, amplify what truly matters, and make every second count. More than a watch, a Timex is a symbol of reclaiming your time. It's an invitation to step away from the noise and experience the world with clarity and intention. Make Time Yours. Watch the video here:
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Business Standard
22-05-2025
- Business
- Business Standard
Smallcap stock hits record high in weak market; rallies 69% thus far in May
Timex Group India share price today Shares of Timex Group India (TGIL), one of India's leading watchmakers, and part of the US-headquartered iconic Timex Group, hit a record high of ₹264.20 on the BSE today. Timex Group India shares were locked in the 10-per cent upper circuit in Thursday's intraday trade, in an otherwise weak market. In comparison, the BSE Sensex was down 0.83 per cent at 80,916.92 at 10:08 AM. As many as 114,000 equity shares have, so far, changed hands on the counter. Further, there are pending buy orders for 103,188 equity shares on the BSE, exchange data shows. Thus far in the month of May, the stock price of the smallcap company has zoomed 69 per cent. It has bounced back 76 per cent from its previous month low of ₹150, touched on April 7, 2025. Catch Stock Market Latest Updates Today LIVE Strong Q4 results In the January to March 2025 quarter (Q4FY25), TGIL registered a 47 per cent increase in revenue from operations at ₹135.41 crore over the same quarter in the previous year, driven by multi-channel growth, product innovation, and increased Timex brand market share. Earnings before interest, taxes, depreciation and amortisation (Ebitda) grew at a strong double-digit rate of 35 per cent, while profit after tax (PAT) surged by 31 per cent. The management said the company's channel-first approach delivered exceptional results in the year, with heightened productivity in trade stores, robust e-commerce expansion, and a solid Direct-to-Consumer footprint through and As an impetus to build a much stronger and robust new financial year, the brand has strategic plans to venture in Quick Commerce with key partners such as Flipkart Minutes, Myntra Now, and Swiggy Instamart, while progressing toward other potential partnerships with Blinkit and Zepto, strengthening its ondemand availability, and making Timex products more accessible at consumers' fingertips, the management said. Growth Opportunities The Indian watch industry has strong growth potential. India has very promising macro-economic factors including positive growth outlook of the Indian economy, inflation coming under control, government's boost for increasing demand and per capita income, Indian demography, urbanization, and increasing fashion spends of Indian population, are all ensuring long term growth of the country. This will boost overall consumer demand and specifically demand for more discretionary goods including watches, according to TGIL. With the huge growth potential in lower tier cities, the business is expected to grow at a faster pace. Wrist watch penetration is very low in India which provides huge untapped potential to cover. Traditional analogue watch segment has ample room to grow and majority of the Indian consumers still like to wear them compared with smart wearables. About Timex Group India Timex Group India (TGIL) designs, manufactures, and markets innovative timepieces and is part of Timex Group, which is a privately held company headquartered in Middlebury, Connecticut, with multiple operating units. Apart from Timex, one of the leading watch brands in India, TGIL has a vast range of licensed brands like Versace, Guess, Gc, Philipp Plein, Plein Sport, Ferragamo, Nautica, Ted Baker, adidas, and UCB watches. It retails via over 5000 offline trade stores and key online marketplaces. TGIL also operates over 40 exclusive franchise stores under the umbrella of Just Watches and Timex World.
Business Standard
07-05-2025
- Business
- Business Standard
Timex Group India standalone net profit rises 30.51% in the March 2025 quarter
Sales rise 47.09% to Rs 135.41 croreNet profit of Timex Group India rose 30.51% to Rs 9.24 crore in the quarter ended March 2025 as against Rs 7.08 crore during the previous quarter ended March 2024. Sales rose 47.09% to Rs 135.41 crore in the quarter ended March 2025 as against Rs 92.06 crore during the previous quarter ended March the full year,net profit rose 50.77% to Rs 31.42 crore in the year ended March 2025 as against Rs 20.84 crore during the previous year ended March 2024. Sales rose 28.45% to Rs 538.10 crore in the year ended March 2025 as against Rs 418.91 crore during the previous year ended March EndedYear EndedMar. 2025Mar. 2024% 2025Mar. 2024% 47 538.10418.91 28 OPM %10.6210.53 -8.917.73 - PBDT13.8310.29 34 46.0731.34 47 PBT13.049.38 39 42.7727.76 54 NP9.247.08 31 31.4220.84 51 Powered by Capital Market - Live News
