Timex Group India reports net loss of Rs 9.12 crore in the March 2013 quarter

Net loss of Timex Group India reported to Rs 9.12 crore in the quarter ended March 2013 as against net profit of Rs 4.12 crore during the previous quarter ended March 2012. Sales declined 53.49% to Rs 21.26 crore in the quarter ended March 2013 as against Rs 45.71 crore during the previous quarter ended March 2012.

For the Audited full year,net loss reported to Rs 41.96 crore in the year ended March 2013 as against net profit of Rs 4.53 crore during the previous year ended March 2012. Sales declined 33.81% to Rs 121.12 crore in the year ended March 2013 as against Rs 182.99 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales21.2645.71 -53 121.12182.99 -34 OPM %-39.7512.97 -406 -32.194.76 -776 PBDT-8.545.74 PL -39.738.02 PL PBT-9.125.25 PL -41.966.05 PL NP-9.124.12 PL -41.964.53 PL

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