Latest News | Timex Q3 Net Loss at Rs 5.10 Cr

New Delhi, Feb 3 (PTI) Leading watchmaker Timex Group India Ltd on Thursday reported a net loss of Rs 5.10 crore for the third quarter ended December 2021.

The company had clocked a net profit of Rs 4 crore in the October-December period a year ago, it said in a regulatory filing.

Also Read | Samsung Galaxy Tab S8 Series Marketing Images Emerge Online Ahead of Its Launch.

Revenue from operations rose 22.43 per cent to Rs 65.32 crore during the quarter under review as against Rs 53.35 crore in the year-ago period, the company said.

Its total expenses were at Rs 70.72 crore.

Also Read | Harcox Finance: A DeFi Project Offering Accessible Scaling Solutions Arrives.

Shares of Timex Group India Ltd on Thursday settled at Rs 92.45 apiece on BSE, up 1.26 per cent from the previous close.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)