Tatia Global Vennture Ltd. said its normalized net income for the fiscal first quarter ended June 30 was a loss of 650,000 rupees, compared with income of 386,880 rupees in the prior-year period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
Reported net income came to a loss of 1.0 million rupees, or a loss of 1 paise per share, compared to income of 618,000 rupees, or 0 paise per share, in the prior-year period.
As of July 31, US$1 was equivalent to 60.88 Indian rupees.
