KDDL Ltd Q3 net profit rises 25 percent to Rs 32 crore

KDDL Ltd is one of the leading companies of India engaged in the manufacture of watch components reported a 25 percent increase in net profit to Rs 32 crore ($3.8 million), as against Rs 26 crore in the year ago quarter.

The company’s revenue for the quarter rose by 27 percent to Rs 472 crore, as against Rs 372 crore in the corresponding quarter of the previous fiscal year.

“The slowdown in the export market for watch components continues, with a revival expected in H2FY26. Commercial production of the packaging unit commenced in Q3FY25,” KDDL said in a statement.

“The bracelet division has shown encouraging performance and is expected to improve further. Precision engineering revenue accounted for 40 percent in Q3FY25 and 38 percent in 9MFY25. The expansion of the precision engineering division is planned in FY26,” it added.

KDDL is one of India’s top manufacturers of watch components, high-quality precision stamped components, and progressive tools for a variety of engineering applications. KDDL also controls India’s largest retail network of luxury watches via its subsidiary, Ethos.