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Company Profile For Timex Group India Ltd

 
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Overview

Timex Group India Limited is an India-based company. The Company is engaged in manufacturing and trading of watches, and the provision of related after-sales service. The Company also manufactures tools, moulds and plastic components for other parties, and provides accounting and information and technology support to group companies. The Company operates in two segments: watches segment, which is engaged in manufacturing and trading of watches, and Times Global Services, which is engaged in providing information technology and finance related back office support to other group companies. Effective November 1, 2008, the Company sold its Precision Engineering Business (PED).

Quick Financial Synopsis

BRIEF: For the three months ended 30 June 2009, Timex Group India Ltd.'s revenue increased 4% to RS351.2M. Net income decreased 25% to RS24.3M. Revenues reflect an increase in sales due to rise in income from Watches, an increase in other income. Net income was offset by an increase in consumption of raw materials, higher purchase of traded goods, rise in employee costs, an increase in interest expenses and higher advertising expenses.

Company Address

Timex Group India Ltd
Logix Techno Park,
Tower-B, 5th Floor
Plot No 5 Sector-127
Noida     110 001
P: +91120.3041300
F: +91120.3041440

Total Employees

Find Out More About TIMX.BO

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