trending Market Intelligence /marketintelligence/en/news-insights/trending/BhayL6z7dL5I4Jo6nd7L7w2 content esgSubNav
In This List

Pasupati Acrylon fiscal Q3 profit falls YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Pasupati Acrylon fiscal Q3 profit falls YOY

Pasupati Acrylon Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was 17 Indian paise per share, a decrease of 41.4% from 28 paise per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 14.5 million rupees, a decrease of 42.3% from 25.1 million rupees in the year-earlier period.

The normalized profit margin fell to 1.1% from 2.0% in the year-earlier period.

Total revenue climbed 7.9% year over year to 1.37 billion rupees from 1.27 billion rupees, and total operating expenses increased 11.6% year over year to 1.35 billion rupees from 1.21 billion rupees.

Reported net income fell 60.6% year over year to 15.8 million rupees, or 18 paise per share, from 40.1 million rupees, or 45 paise per share.

As of Feb. 6, US$1 was equivalent to 61.94 Indian rupees.