IntraSoft Technologies Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, amounted to 1.91 Indian rupees per share, compared with the S&P Capital IQ consensus estimate of 81 paise per share.
EPS climbed year over year from 32 paise.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 28.2 million rupees, a gain from 4.5 million rupees in the prior-year period.
The normalized profit margin increased to 2.3% from 0.9% in the year-earlier period.
Total revenue increased on an annual basis to 1.23 billion rupees from 516.8 million rupees, and total operating expenses climbed on an annual basis to 1.19 billion rupees from 517.8 million rupees.
Reported net income increased from the prior-year period to 41.5 million rupees, or 2.82 rupees per share, from 1.5 million rupees, or 11 paise per share.
As of Jan. 27, US$1 was equivalent to 61.36 Indian rupees.
