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Timex Group India standalone net profit rises 29.45% in the December 2020 quarter

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Capital Market

Sales decline 23.25% to Rs 53.35 crore

Net profit of Timex Group India rose 29.45% to Rs 4.00 crore in the quarter ended December 2020 as against Rs 3.09 crore during the previous quarter ended December 2019. Sales declined 23.25% to Rs 53.35 crore in the quarter ended December 2020 as against Rs 69.51 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales53.3569.51 -23 OPM %9.736.17 -PBDT4.883.85 27 PBT4.003.09 29 NP4.003.09 29

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First Published: Feb 04 2021 | 8:26 AM IST

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