German luxury watch brand Tutima is all set to enter India
Founded in 2003, Ethos Ltd. is one of India’s largest luxury and premium watch retailers. Last month, Ethos Ltd. tied up with Swiss watchmaker Trilobe to launch a core range of watch collections including Les Matinaux, Nuit Fantastique, Secret, and Une Folle Journée in India.
Trilobe, known for its premium and luxury watch collection, has been nominated for the esteemed Grand Prix d'Horlogerie de Genève (GPHG), often touted as the ‘Oscars’ of the watch industry.
Founded by British watchmaker Peter Speake-Marin in 2002, Speake-Marin started as a brand for individual collectors but later evolved into a watchmaker focusing on Belle Horlogerie or ‘beautiful watchmaking’.
Ethos Ltd. posted a revenue of Rs 177.72 crore for the September quarter as against Rs 134.37 crore in the year-ago period. Its net profit rose to Rs 13.51 crore from Rs 2.65 crore in the year-ago quarter.
The Ethos Ltd. stock is currently trading at Rs 1,018.15, down 1.69 percent.
(Edited by : Rukmani Krishna)
First Published: Dec 9, 2022 11:36 AM IST
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