Telford Homes PLC said its normalized net income for the fiscal first half ended Sept. 30 came to 22 Great British pence per share, a gain from 10 pence per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was £13.4 million, a gain from £5.9 million in the year-earlier period.

Total revenue climbed year over year to £138.8 million from £42.3 million, and total operating expenses rose on an annual basis to £116.7 million from £42.6 million.

Reported net income grew from the prior-year period to £16.8 million, or 28 pence per share, from £7.4 million, or 12 pence per share.