Timex Group India Limited (TIMEX)
We wish to inform you that the Company has received an Order from the Office of Superintendent CGST, Baddi intimating that the Office has dropped all the proceedings against the Company ....
Proceedings dropped by CGST Baddi against the Company after satisfactory reply to Show Cause Notice dated May 11, 2026 (Form GST-ASMT12 received Sep 18, 2026). Discrepancies related to GST return FY 2022-23 involving outward tax liability and input tax credit. No financial or operational impact reported.
Source: Original filing PDF
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🚨 TIMEX — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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