Despite the success of their debut release, the band did not manage to maintain a steady lineup, with Topić remaining the only permanent member during the following years.

Despite experiencing multiple lineup changes and taking breaks, the band managed to release two additional studio albums that achieved moderate success, ultimately concluding their activities in 1977, making several reunions for live performances in the following decades.

[1] For a period of time, Đavolji Eliksiri featured Zoran Knežević on second guitar, who would later go on to become a renowned astronomer and the president of the Serbian Academy of Sciences and Arts.

[1] Topić and Božić were members of the best known Dinamiti lineup, alongside bass guitarist Alberto Krasnići and drummer Ratomir "Ratko" Divjak.

[3][4] Topić's compositions like "Novine" ("Newspapers") and "Život moj" ("My Life") were in accordance with the emerging trends on the Yugoslav rock scene and were well received by the audience.

[3][4] The band's work and Topić's blues- and soul- influenced vocal style were also widely praised by the Yugoslav music press.

[5] Topić stayed with Korni Grupa for three years, recording a number of successful pop rock singles with the band and writing several progressive-oriented songs, like "Remember", "Žena je luka a čovek brod" ("Woman Is a Harbor and Man Is A Ship") and "Prvo svetlo u kući broj 4" ("The First Light in the House Number 4"), the latter co-written by Topić and the band's leader Kornelije Kovač.

[8] During the following period, Nenad Zubak (formerly of Grupa 220), Karel "Čarli" Novak (formerly of Generals, Srce and September) and Topić himself took turns on bass guitar.

His spot was filled in by Petar "Peco" Petej, a graduate from the Graz University of Music and Performing Arts, formerly of Delfini and Indexi.

[8] During the following years, Petej would remain one of the rare permanent members of Time, but was on live performances occasionally replaced by Ivan "Piko" Stančić.

[8] During 1973, Topić and Božić spent several months performing in West Germany, and Asanović joined Novi Fosili on their tour across the Soviet Union.

[8] During 1973, Time released the 7-inch single with the hit song "Makedonija" ("Macedonia"), performed as the opening band for the British group East of Eden on their Austrian tour,[8] and performed on the third edition of BOOM Festival, the live version of the song "Reci mi Ciganko, što u mome dlanu piše" ("Tell Me, Gypsy Woman, What Do You Read from My Palm"), originally released on a 7-inch single, appearing on the double live album Boom Pop Fest '73.

[8] Later during the year, he was arrested for avoiding to report to serve his mandatory stint in the Yugoslav People's Army and was sentenced to several months in prison.

[8] The record, released under the title Život u čizmama sa visokom petom (Life in the High-Heeled Boots), was a concept album describing the rise and fall of a rock star.

[8] On 7 May 1976, the band performed on a concert in Studio M in Novi Sad alongside September, Korni Grupa, Drago Mlinarec and Tomaž Domicelj.

[8] At the end of 1977, there were plans for the formation of a supergroup called K2, which should have featured, beside Topić, Novak and Divjak, Josip Boček, Sloba Marković and Kornelije Kovač, but this idea failed.

[8] After Time officially disbanded, Topić and Nicholls joined the Belgrade band Ribeli, which changed the name to Mama Co Co after their arrival.

[8] In 1979, Topić recorded the hit song "Floyd", composed by Zoran Simjanović and released on the soundtrack album for Goran Marković's film National Class Category Up to 785 ccm.

[11] In 1987, Time reunited to perform on the Retrovizor (Rear-view Mirror) festival, organized by Radio 101 and held in Zagreb's House of Sports on 22 May.

[10] In 2007, Time, in the lineup featuring Topić, Božić and Divjak, reunited to perform as an opening band on The Rolling Stones concert held on Jaz Beach in Budva, Montenegro on 9 July 2007.

[10] In the summer of 2016, it was announced that Time would reunite in the lineup featuring Topić, Asanović, Božić, Mavrin and Divjak for a concert in Belgrade.

[13] In 2020, following Croatia Records reissue of Time's debut album, Dado Topić announced the band's comeback tour,[14] but the COVID-19 pandemic put a stop to the planned reunion.

[10] In 2019, Croatia Records released remastered version of the band's debut album on vinyl, accompanied by texts of music critics Peca Popović, Zlatko Gall and Nikola Knežević.

[10] The song "Istina mašina" was covered by Yugoslav and Serbian rock band Ekatarina Velika on their 1993 album Neko nas posmatra (Somebody Is Watching Us).

[10] Montenegrin band Mikrokozma recorded a cover of "Za koji život treba da se rodim" on their 2022 live album Ono što jesmo (What We Are).

[10] Croatian punk rock band Brkovi released the album entitled Torzo Dade Topića (Dado Topić's Torso) in 2016.

[22] The lyrics of the songs "Za koji život treba da se rodim", "Pjesma No.3" and "Istina mašina" are featured in Petar Janjatović's book Pesme bratstva, detinjstva & potomstva: Antologija ex YU rok poezije 1967 - 2007 (Songs of Brotherhood, Childhood & Offspring: Anthology of Ex YU Rock Poetry 1967 – 2007).