Gabriel India Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was 90 Indian paise per share, compared with the S&P Capital IQ consensus estimate of 1.35 rupees per share.
EPS climbed 25.8% year over year from 72 paise.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 129.4 million rupees, an increase of 25.7% from 103.0 million rupees in the year-earlier period.
The normalized profit margin increased to 3.6% from 3.1% in the year-earlier period.
Total revenue grew 5.9% year over year to 3.56 billion rupees from 3.37 billion rupees, and total operating expenses rose on an annual basis to 3.35 billion rupees from 3.20 billion rupees.
Reported net income rose 13.2% on an annual basis to 159.4 million rupees, or 1.11 rupees per share, from 140.8 million rupees, or 98 paise per share.
As of Jan. 30, US$1 was equivalent to 62.01 Indian rupees.
