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Timex Watches posts loss of Rs 12 m - Views on News from Equitymaster
Timex Watches has witnessed a a loss of Rs 12 m in 3QFY2000. This is despite the fact that sales improved significantly by 42.9%.
(Rs m)
3QFY2000
3QFY1999
Change
Gross Sales
287
201
42.9%
Other Income
-
-
Total Expenditure
259
179
44.9%
Interest
27
26
4.2%
Depreciation
14
13
5.0%
Profit before Tax
(12)
(17)
-26.0%
Tax
-
-
Profit after Tax/(Loss)
(12)
(17)
-25.9%
Net profit margin (%)
-4.3%
-8.3%
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