TIMEX GROUP Q2 : STANDALONE NET PROFIT UP 55.8% AT ₹47.11 CR (YOY), UP 88.3% (QOQ). STRONG (ON 1ST LOOK)

• Revenue up 46.9% at ₹358.01 Cr (YoY), up 63.5% (QoQ). • Profit before tax up 55.7% at ₹63.34 Cr (YoY), up 87.5% (QoQ). • PAT margin 13.2% v 12.4% (YoY), 11.4% (QoQ). • EPS at ₹4.62 v ₹2.87 (YoY), ₹2.44 (QoQ). • Board approved B S R & Co. LLP as statutory auditors for five years from the 2027 AGM.

Timex Group India Ltd-$

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