Timex Group India standalone net profit declines 32.46% in the March 2019 quarter

Image
Capital Market
Last Updated : May 10 2019 | 4:05 PM IST

Sales rise 5.61% to Rs 58.20 crore

Net profit of Timex Group India declined 32.46% to Rs 5.18 crore in the quarter ended March 2019 as against Rs 7.67 crore during the previous quarter ended March 2018. Sales rose 5.61% to Rs 58.20 crore in the quarter ended March 2019 as against Rs 55.11 crore during the previous quarter ended March 2018.

For the full year,net profit declined 0.80% to Rs 7.46 crore in the year ended March 2019 as against Rs 7.52 crore during the previous year ended March 2018. Sales rose 16.56% to Rs 241.63 crore in the year ended March 2019 as against Rs 207.30 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales58.2055.11 6 241.63207.30 17 OPM %10.4615.50 -4.665.08 - PBDT5.818.08 -28 9.959.19 8 PBT5.377.67 -30 8.357.52 11 NP5.187.67 -32 7.467.52 -1

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 10 2019 | 3:44 PM IST

Next Story