Godrej Consumer Products Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to 2.95 Indian rupees per share, compared with the S&P Capital IQ consensus estimate of 3.58 rupees per share.
EPS increased 34.5% year over year from 2.20 rupees.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 2.01 billion rupees, a gain of 34.5% from 1.50 billion rupees in the year-earlier period.
The normalized profit margin rose to 9.0% from 7.6% in the year-earlier period.
Total revenue climbed 12.5% year over year to 22.26 billion rupees from 19.79 billion rupees, and total operating expenses increased 9.4% from the prior-year period to 18.50 billion rupees from 16.91 billion rupees.
Reported net income rose 34.6% year over year to 2.64 billion rupees, or 3.87 rupees per share, from 1.96 billion rupees, or 2.88 rupees per share.
As of Feb. 5, US$1 was equivalent to 61.74 Indian rupees.
