Timex Group India Q3 FY24 Results Live : loss falls by 77.73% YOY
Timex Group India Q3 FY24 Results Live : Revenue increased by 11.29% YoY & loss decreased by 77.73% YoY
Timex Group India declared their Q3 FY24 results on 01 Feb, 2024. The topline increased by 11.29% & the loss decreased by 77.73% YoY. As compared to the previous quarter, the revenue declined by 25.45% and the loss increased by 113.55%.
The Selling, general & administrative expenses declined by 2.55% q-o-q & increased by 3.49% Y-o-Y.
The operating income was down by 110.46% q-o-q & increased by 68.07% Y-o-Y.
The EPS is ₹-0.15 for Q3 FY24 which increased by 82.14% Y-o-Y.
Timex Group India has delivered 2.34% return in the last 1 week, 2.3% return in the last 6 months, and -3.88% YTD return.
Currently, Timex Group India has a market cap of ₹1614.7 Cr and a 52wk high/low of ₹203 & ₹113.1 respectively.
Timex Group India Financials
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 94.2 | 126.36 | -25.45% | 84.64 | +11.29% |
| Selling/ General/ Admin Expenses Total | 11.86 | 12.17 | -2.55% | 11.46 | +3.49% |
| Depreciation/ Amortization | 0.88 | 0.9 | -2.22% | 0.91 | -3.3% |
| Total Operating Expense | 95.79 | 111.16 | -13.83% | 89.62 | +6.88% |
| Operating Income | -1.59 | 15.2 | -110.46% | -4.98 | +68.07% |
| Net Income Before Taxes | -1.99 | 14.7 | -113.54% | -6.69 | +70.25% |
| Net Income | -1.49 | 11 | -113.55% | -6.69 | +77.73% |
| Diluted Normalized EPS | -0.15 | 1.09 | -113.77% | -0.84 | +82.14% |
Catch all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
Wait for it…
Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.