Timex Group India reports standalone net profit of Rs 5.25 crore in the March 2017 quarter

Sales rise 19.88% to Rs 51.55 crore

Net profit of Timex Group India reported to Rs 5.25 crore in the quarter ended March 2017 as against net loss of Rs 1.15 crore during the previous quarter ended March 2016. Sales rose 19.88% to Rs 51.55 crore in the quarter ended March 2017 as against Rs 43.00 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 3.81 crore in the year ended March 2017 as against net loss of Rs 9.27 crore during the previous year ended March 2016. Sales rose 15.02% to Rs 198.62 crore in the year ended March 2017 as against Rs 172.68 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales51.5543.00 20 198.62172.68 15 OPM %11.741.91 -0.46-1.71 - PBDT5.72-0.51 LP -1.72-6.49 73 PBT5.25-1.15 LP -3.81-9.27 59 NP5.25-1.15 LP -3.81-9.27 59

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