Timex Group India reports standalone net loss of Rs 1.15 crore in the March 2016 quarter

Sales rise 35.35% to Rs 43.00 crore

Net Loss of Timex Group India reported to Rs 1.15 crore in the quarter ended March 2016 as against net loss of Rs 0.11 crore during the previous quarter ended March 2015. Sales rose 35.35% to Rs 43.00 crore in the quarter ended March 2016 as against Rs 31.77 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 9.27 crore in the year ended March 2016 as against net loss of Rs 10.98 crore during the previous year ended March 2015. Sales rose 23.66% to Rs 172.68 crore in the year ended March 2016 as against Rs 139.64 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales43.0031.77 35 172.68139.64 24 OPM %1.913.43 --1.71-5.72 - PBDT-0.510.46 PL -6.49-10.45 38 PBT-1.15-0.11 -945 -9.27-12.69 27 NP-1.15-0.11 -945 -9.27-10.98 16

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