Under the brand name “ETHOS, it opened Its first luxury retail watch store in January 2003 in the Union Territory of Chandigarh by its Promoter, KDDL Limited, with an experience in the watch industry. It established strong relationships with the global watch brands and further strengthening its business.
In addition to the premium and luxury watch retail, it also undertakes retail of certified pre-owned luxury watches since Fiscal 2019. It has 50 physical retail stores in 17 cities in India in a multi store format, and offers an Omnichannel experience to its customers through its website and social media platforms. Through its Omnichannel approach it is premised on its endeavour to provide experience, content, customisation, reach and convenience to the customers through its website, which is the India’s largest website for premium and luxury watches in terms in number of brands and watches offered.
The Company’s revenue from operations stood at Rs 38,657.07 lakhs (Rs 386.57 crore) for the fiscal 2021, while its restated profit for the year was Rs 578.53 lakhs (Rs 5.78 crore) for the same period. For the nine months ending December 2021, revenue from operations was Rs 41,859.31 lakhs (Rs 418.59 crore) and restated profit for the period was Rs 1,598.78 lakhs (Rs 15.98 crore).
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