Timex Watches posts loss of Rs 12 m - Views on News from Equitymaster

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Timex Watches posts loss of Rs 12 m

Jan 29, 2000

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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