4914018 said its normalized net income for the fiscal fourth quarter ended March 31 came to a loss of 9.39 Indian rupees per share, compared with a loss of 6.53 rupees per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 47.9 million rupees, compared with a loss of 33.5 million rupees in the year-earlier period.
The normalized profit margin declined to negative 126.9% from negative 83.5% in the year-earlier period.
Total revenue decreased 5.9% on an annual basis to 37.7 million rupees from 40.1 million rupees, and total operating expenses increased 15.8% from the prior-year period to 100.8 million rupees from 87.0 million rupees.
Reported net income totaled a loss of 58.7 million rupees, or a loss of 11.51 rupees per share, compared to a loss of 53.3 million rupees, or a loss of 10.40 rupees per share, in the year-earlier period.
For the year, the company's normalized net income totaled 2.07 rupees per share, a fall of 64.9% from 5.89 rupees per share in the prior year.
Normalized net income was 10.6 million rupees, a decline of 64.9% from 30.2 million rupees in the prior year.
Full-year total revenue decreased 8.1% on an annual basis to 340.8 million rupees from 370.9 million rupees, and total operating expenses increased on an annual basis to 323.0 million rupees from 314.8 million rupees.
The company said reported net income decreased 28.0% year over year to 30.6 million rupees, or 5.98 rupees per share, in the full year, from 42.5 million rupees, or 8.30 rupees per share.
s of June 16, US$1 was equivalent to 64.23 Indian rupees.Kanco Tea & Industries Ltd
4914018 said its normalized net income for the fiscal fourth quarter ended March 31 came to a loss of 9.39 Indian rupees per share, compared with a loss of 6.53 rupees per share in the year-earlier period.
