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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