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KRBL fiscal Q1 profit climbs 45.4% YOY

4915837 said its normalized net income for the fiscal first quarter ended June 30 came to 2.42 Indian rupees per share, an increase of 47.6% from 1.64 rupees per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 569.1 million rupees, a gain of 45.4% from 391.4 million rupees in the prior-year period.

The normalized profit margin increased to 7.0% from 5.7% in the year-earlier period.

Total revenue grew 17.3% year over year to 8.08 billion rupees from 6.89 billion rupees, and total operating expenses climbed 16.3% year over year to 6.91 billion rupees from 5.94 billion rupees.

eported net income rose 46.8% from the prior-year perio KRBL Ltd.