Ethos Limited announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, following a Board of Directors meeting held on May 12, 2026. For the quarter ended March 31, 2026, the company reported a total income of ₹414.05 Crores, representing a significant increase of 30.82% compared to ₹316.51 Crores in the corresponding quarter of the previous year. However, compared to the immediate previous quarter ended December 31, 2025, which saw an income of ₹484.01 Crores, there was a sequential decrease of 14.45%. The net profit for the quarter stood at ₹25.66 Crores, showing a growth of 17.18% over the ₹21.89 Crores reported in the same quarter last year, but a decrease of 31.95% from the ₹37.71 Crores earned in the previous quarter.

Ethos Limited is recognized as India’s largest luxury and premium watch retailer, maintaining a dominant market share in the exclusive luxury segment. As of January 2026, the company operates a network of 89 boutiques across 24 cities, retailing over 65 premium global watch brands. Beyond its core retail operations, Ethos has diversified into luxury jewelry through partnerships with brands like Messika and luxury luggage with Rimowa. The company also operates a specialized pre-owned watch business under the brand “Second Movement,” which has seen robust growth. Promoted by KDDL Limited, the company continues to focus on store expansion, aiming to exceed 100 boutiques in the near future. Notable institutional investors include ICICI Prudential Asset Management and Invesco Ltd..