Ethos Limited, a leading luxury watch retailer in India, has announced robust financial results for the third quarter ending December 31, 2024. The company reported consolidated revenue from operations of 3.7 billion rupees, showcasing significant growth in its luxury timepiece segment. Ethos also posted an impressive consolidated net profit of 294.9 million rupees for the same period. This strong performance indicates the company's resilience in the luxury retail market and its ability to capitalize on the growing demand for high-end watches in India. Analysts suggest that Ethos's strategic expansion and focus on premium brands have contributed to its solid financial standing in the competitive luxury goods sector.
Source: Ethos Limited Quarterly Financial Report