Timex Group loss narrows in Jan-Mar quarter
Source: IRIS | 22 May, 2015, 11.56AM
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Timex Group India said its net loss for the quarter ended March 2015 has narrowed to Rs 1.10. During the quarter, the in the same quarter previous year. Total Income for the quarter rose 26.39% to Rs 344.80 million, compared with Rs 273 million for the prior year period. Earnings per share stood negative at Rs 0.09 compared with negative Rs 0.35 in the same quarter last year.
| Quarterly Results - Standalone (Rs in mn) | | As at | Mar - 15 | Mar - 14 | %Change | | Net Sales | 344.80 | 272.80 | 26.39 | | Net Profit | (1.10) | (27.10) | - | | Basic EPS | (0.09) | (0.35) | - | Shares of the company declined Rs 2.3, or 7.5%, to trade at Rs 28.35. The total volume of shares traded was 346,183 at the BSE (11.52 a.m., Friday).
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