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.
