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Negotium International fiscal Q1 profit climbs YOY

4911476 said its normalized net income for the fiscal first quarter ended June 30 was 76,930 rupees, an increase from 29,890 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 1.8% from 0.9% in the year-earlier period.

Total revenue grew 27.5% on an annual basis to 4.2 million rupees from 3.3 million rupees, and total operating expenses climbed 35.1% from the prior-year period to 4.4 million rupees from 3.2 million rupees.

eported net income rose from the prior-year period to 123 Negotium International Trade Ltd.