Timex Annual Showcase at Samay Bharati

Business Update Best ever fiscal year In FY23, the Company delivered highest ever revenue, clocking 45% growth over FY22 FY23 saw the delivery of highest ever PBT, with 821% growth over FY22 Growth was led by Timex brand, fashion and luxury segment and trade and E- Commerce channels Guess and Gc brands added to the Company's portfolio during last quarter of FY22, have added significantly to top line and bottom line during FY23 New products continued to perform well across brands Timex Group acquired Mumbai-headquartered premium watch retail brand 'Just Watches' to widen its retail footprint in the Indian market TIMEXGROUP TIMEX 4

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