India Equity: Timex_Group (#TIMEXWATCH) declares Quarterly Results. EPS = Rs 1.12 for quarter ended Sep 2021

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TIMEXWATCH has declared results for the period ended Sep 2021.

Quarterly Results

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  • Sales for period ended Sep 2021 is Rs 88.0 cr compared to Rs 30.0 cr for period ended Sep 2020, a rise of 193.3%
  • Company reported operating profit of Rs 13.0 cr for period ended Sep 2021, operating profit margin at 14.8 %.
  • Operating profit was negative for the same period last year thus company has improved its margins this year
  • The EPS for Sep 2021 was Rs 1.12 compared to Rs -0.52 for previous quarter ended Jun 2021 and Rs -0.35 for Sep 2020
  • The stock is trading at Rs 60 and a market cap of Rs 603 cr

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