Are Timex Group latest results good or bad?
Timex Group's latest results are strong, with net sales growing 47.09% year-on-year to Rs 135.41 crore, and a 30.5% increase in Profit After Tax to Rs 9.24 crore, indicating solid financial health despite some market sentiment adjustments.
Timex Group India has reported its financial results for the quarter ending March 2025, highlighting a strong performance in several key metrics. The company achieved net sales of Rs 135.41 crore, which represents a year-on-year growth of 47.09%, indicating robust demand for its products compared to the previous year.Profit Before Tax (PBT), excluding other income, reached Rs 12.34 crore, reflecting a notable increase of 56.20% from the same quarter last year. This growth suggests improved operational efficiency and effective cost management strategies within the company.
Furthermore, the Profit After Tax (PAT) for the quarter was reported at Rs 9.24 crore, which is a 30.5% increase year-on-year, reinforcing the company's solid financial health.
Despite these positive results, it is important to note that the company saw an adjustment in its evaluation over the past three months, indicating a shift in market sentiment. Overall, the financial data showcases Timex Group's strong operational performance during the reported period.
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