Dabur India Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to 1.23 Indian rupees per share, compared with the S&P Capital IQ consensus estimate of 1.63 rupees per share.
EPS increased 16.6% year over year from 1.06 rupees.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 2.18 billion rupees, a gain of 17.1% from 1.86 billion rupees in the prior-year period.
The normalized profit margin increased to 10.5% from 9.8% in the year-earlier period.
Total revenue increased 8.9% on an annual basis to 20.74 billion rupees from 19.04 billion rupees, and total operating expenses climbed 7.4% year over year to 17.53 billion rupees from 16.32 billion rupees.
Reported net income grew 16.2% year over year to 2.83 billion rupees, or 1.60 rupees per share, from 2.43 billion rupees, or 1.38 rupees per share.
As of Jan. 30, US$1 was equivalent to 62.01 Indian rupees.
