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Rajkamal Synthetics fiscal Q3 profit climbs YOY

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Rajkamal Synthetics fiscal Q3 profit climbs YOY

Rajkamal Synthetics Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, amounted to 347,500 rupees, a rise from 10,000 rupees in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

Reported net income increased year over year to 556,000 rupees, or 9 paise per share, from 16,000 rupees, or 0 paise per share.

As of Feb. 10, US$1 was equivalent to 67.87 Indian rupees.