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% |
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