Timex Group India Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 1,263.6 million compared to INR 1,212.3 million a year ago. Revenue was INR 1,269.3 million compared to INR 1,212.5 million a year ago. Net income was INR 110 million compared to INR 188.1 million a year ago. Basic earnings per share from continuing operations was INR 0.91 compared to INR 1.69 a year ago. Diluted earnings per share from continuing operations was INR 0.91 compared to INR 1.69 a year ago.
For the six months, sales was INR 2,326.5 million compared to INR 2,155 million a year ago. Revenue was INR 2,335.9 million compared to INR 2,157.8 million a year ago. Net income was INR 152.5 million compared to INR 308.2 million a year ago. Basic earnings per share from continuing operations was INR 1.16 compared to INR 2.7 a year ago. Diluted earnings per share from continuing operations was INR 1.16 compared to INR 2.7 a year ago.