Timex Group India Reports Strong Q3 FY24-25 Results with Significant Growth Metrics

Jan 31 2025 10:02 AM IST
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Timex Group India has announced its financial results for the third quarter of FY24-25, highlighting significant growth in key metrics. Profit Before Tax reached Rs 2.22 crore, while Profit After Tax was Rs 1.94 crore. Net sales also increased to Rs 119.94 crore, reflecting strong operational performance.
Timex Group India has recently reported its financial results for the third quarter of FY24-25, showcasing a very positive performance. The company has experienced notable growth across several key metrics, reflecting a robust operational environment.

In terms of Profit Before Tax (PBT), Timex Group recorded Rs 2.22 crore, marking a significant year-on-year growth of 194.87%. This upward trend in PBT indicates a strong operational performance. Similarly, the Profit After Tax (PAT) reached Rs 1.94 crore, which represents an impressive year-on-year increase of 230.2%. This substantial growth in PAT further underscores the company's effective management and operational strategies.

Additionally, the company's net sales for the quarter stood at Rs 119.94 crore, reflecting a year-on-year growth of 27.32%. This positive sales trend suggests that Timex Group is successfully navigating the market landscape and capitalizing on opportunities within the lifestyle sector.

As a result of these developments, there has been an adjustment in evaluation, with the score moving to 21 from 16 over the past three months.

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