trending Market Intelligence /marketintelligence/en/news-insights/trending/5m4C3QzWvKB_Sj6QqfN8bA2 content esgSubNav
In This List

BCPL International swings to profit in fiscal Q3

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


BCPL International swings to profit in fiscal Q3

BCPL International Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to 355,630 rupees, compared with a loss of 241,250 rupees in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin rose to 42.0% from negative 41.0% in the year-earlier period.

Total revenue increased 43.9% on an annual basis to 846,000 rupees from 588,000 rupees, and total operating expenses declined 82.5% on an annual basis to 165,000 rupees from 943,000 rupees.

Reported net income came to 569,000 rupees, or 2 paise per share, compared to a loss of 388,000 rupees, or a loss of 1 paise per share, in the year-earlier period.

As of Feb. 16, US$1 was equivalent to 62.15 Indian rupees.