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TIMEX Group India Q4 net profit down by 32.46 pc to Rs 5.18 cr

TIMEX Group India Q4 net profit down by 32.46 pc to Rs 5.18 cr

India Blooms News Service | @indiablooms | 10 May 2019, 10:40 am

Mumbai, May 10(UNI)TIMEX Group India has reported a decline of 32.46 per cent in its net profit for the quarter ended March 31, 2019 at Rs 5.18 crores as against Rs.7.67 crores for the period quarter ended March 31, 2018.

However, Total income for the quarter under reviw grew by 5.75 per cent to Rs 58.31 crore as compared to Rs.55.14 crore for the quarter ended March 31, 2018.

For the year ended March 31, 2019 company has reported a marginal decline of 0.8 percent in its net profit at Rs 7.46 crores as against Rs 7.52 crores for the year ended March 31, 2018.

Total income for the quarter ended March 31, 2019 grew by 15.11 per cent to Rs 241.90 crores as compared to Rs.210.15 crores for the year ended March 31, 2018.

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