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Timex Group India reports 37% Q2 FY25 revenue increase, driven by e-commerce and luxury segments.
Timex Group India Ltd. (TGIL) reported a record 37% revenue increase in Q2 FY25, reaching INR 172 crores.
Key drivers included a 62% rise in Profit Before Tax and 51% in EBITDA, with e-commerce and luxury segments growing by 88% and 63%, respectively.
The Timex brand led with a 47% revenue growth.
TGIL plans to sustain this momentum through product expansion and enhanced retail presence, capitalizing on the demand for premium watches.
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Timex Group India reporta un aumento de ingresos del 37% Q2 FY25, impulsado por el comercio electrónico y segmentos de lujo.