trending Market Intelligence /marketintelligence/en/news-insights/trending/3b-xRU6-P-SqLGgb4OeQeg2 content esgSubNav
In This List

Divya Jyoti Industries fiscal Q3 profit falls YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Divya Jyoti Industries fiscal Q3 profit falls YOY

Divya Jyoti Industries Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to 3.4 million rupees, a fall of 33.2% from 5.0 million rupees in the prior-year period.

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

The normalized profit margin dropped to 0.3% from 0.4% in the year-earlier period.

Total revenue fell 18.0% on an annual basis to 971.1 million rupees from 1.18 billion rupees, and total operating expenses fell 17.8% from the prior-year period to 956.7 million rupees from 1.16 billion rupees.

Reported net income totaled 5.4 million rupees, compared with 8.1 million rupees in the year-earlier period.

As of Jan. 30, US$1 was equivalent to 62.01 Indian rupees.