Timex Group India Reports Positive Financial Results for Q2 FY25

Timex Group India, a smallcap company in the lifestyle industry, has recently announced its financial results for the quarter ending September 2024. According to the latest report, the company has shown positive performance with a score of 16, a significant improvement from -12 in the last three months.

One of the key factors contributing to this positive performance is the company’s operating cash flow, which has been consistently growing each year for the past three years and is currently at its highest at Rs 32.39 crore. This indicates that Timex Group has been able to generate higher cash revenues from its business operations.

In terms of profitability, the company has also shown a positive trend. Its Profit Before Tax less Other Income (PBT) for the quarter has grown by 68.15% year on year, and the near-term trend for PBT is very positive. Similarly, the Profit After Tax (PAT) has also shown a growth of 61.9% year on year, with a positive near-term trend.

The company’s net sales for the quarter have also seen a significant increase, reaching its highest at Rs 174.08 crore in the last five quarters. This is a positive sign for Timex Group, and the near-term trend for sales is also positive.

In terms of operating profit, Timex Group has shown a consistent growth trend, with its highest operating profit (PBDIT) at Rs 25.13 crore in the last five quarters. The company’s operating profit margin has also improved, reaching its highest at 14.44%, indicating an increase in efficiency.

Overall, Timex Group India has shown a positive financial performance for the quarter ending September 2024. With increasing profitability and higher earnings per share (EPS) at Rs 1.76, the company has created value for its shareholders. However, it is important to note that this information is based on the company’s financials and does not include any external data or sources.