Timex Group India will hold a meeting of the Board of Directors of the Company on 28 May 2024.Powered by Capital Market - Live News

Net Loss of Timex Group India reported to Rs 1.49 crore in the quarter ended December 2023 as against net loss of Rs 6.69 crore during the previous quarter ended December 2022. Sales rose 11.29% to Rs 94.20 crore in the quarter ended December 2023 as against Rs 84.64 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales94.2084.64 11 OPM %-0.75-4.81 - PBDT-1.11-5.78 81 PBT-1.99-6.69 70 NP-1.49-6.69 78 Powered by Capital Market - Live News

Timex Group India will hold a meeting of the Board of Directors of the Company on 1 February 2024.Powered by Capital Market - Live News

Net profit of Timex Group India declined 41.52% to Rs 11.00 crore in the quarter ended September 2023 as against Rs 18.81 crore during the previous quarter ended September 2022. Sales rose 4.23% to Rs 126.36 crore in the quarter ended September 2023 as against Rs 121.23 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales126.36121.23 4 OPM %12.7417.45 - PBDT15.6019.75 -21 PBT14.7018.81 -22 NP11.0018.81 -42 Powered by Capital Market - Live News

Timex Group India has entered into a Job Work Agreement (Agreement) with M/s Time Master Watches and Accessories (TMWAPL), a related party, in terms of which the Company will manufacture/ assemble Daniel Wellington (DW) brand of watches for TMWAPL on terms and conditions as mentioned in the Agreement.Powered by Capital Market - Live News