Dabur India Ltd. said its normalized net income for the fiscal first quarter ended June 30 amounted to 95 Indian paise per share, compared with the S&P Capital IQ consensus estimate of 1.28 rupees per share.

EPS increased 13.9% year over year from 83 paise.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 1.67 billion rupees, an increase of 14.0% from 1.46 billion rupees in the prior-year period.

The normalized profit margin rose to 8.9% from 8.9% in the year-earlier period.

Total revenue increased 12.9% on an annual basis to 18.64 billion rupees from 16.51 billion rupees, and total operating expenses climbed 12.8% on an annual basis to 16.23 billion rupees from 14.39 billion rupees.

Reported net income rose 13.3% on an annual basis to 2.11 billion rupees, or 1.20 rupees per share, from 1.86 billion rupees, or 1.06 rupees per share.

As of July 28, US$1 was equivalent to 60.09 Indian rupees.