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Bhilwara Technical Textiles fiscal Q3 profit falls YOY

Bhilwara Technical Textiles Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was 2 Indian paise per share, a decrease from 2 paise per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 951,880 rupees, a decline from 980,000 rupees in the prior-year period.

Reported net income totaled 1.0 million rupees, or 2 paise per share, compared to 1.0 million rupees, or 2 paise per share, in the year-earlier period.

As of Jan. 28, US$1 was equivalent to 61.32 Indian rupees.