Emami Ltd. said its normalized net income for the fiscal second quarter ended Sept. 30 was 3.25 Indian rupees per share, compared with the S&P Capital IQ consensus estimate of 4.06 rupees per share.

EPS climbed 20.0% year over year from 2.70 rupees.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 736.1 million rupees, a gain of 19.8% from 614.2 million rupees in the prior-year period.

The normalized profit margin dropped to 15.0% from 15.1% in the year-earlier period.

Total revenue grew 20.4% year over year to 4.90 billion rupees from 4.07 billion rupees, and total operating expenses increased 18.5% year over year to 3.85 billion rupees from 3.25 billion rupees.

Reported net income rose 16.0% from the prior-year period to 927.6 million rupees, or 4.09 rupees per share, from 799.6 million rupees, or 3.52 rupees per share.

As of Oct. 29, US$1 was equivalent to 61.20 Indian rupees.