trending Market Intelligence /marketintelligence/en/news-insights/trending/BLRVEyJ8t-DKNSz3cMu1qA2 content esgSubNav
In This List

Jaipan Industries fiscal Q3 profit climbs 28.7% 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

Volume of Investment Research Reports on Inflation Increased in Q4 2021


Jaipan Industries fiscal Q3 profit climbs 28.7% YOY

Jaipan Industries Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, amounted to 6 Indian paise per share, a gain of 28.6% from 4 paise per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 361,880 rupees, an increase of 28.7% from 281,250 rupees in the prior-year period.

The normalized profit margin increased to 0.5% from 0.3% in the year-earlier period.

Total revenue fell 23.5% year over year to 67.1 million rupees from 87.7 million rupees, and total operating expenses declined 24.3% year over year to 64.5 million rupees from 85.2 million rupees.

Reported net income increased 28.7% from the prior-year period to 579,000 rupees, or 9 paise per share, from 450,000 rupees, or 7 paise per share.

As of Feb. 16, US$1 was equivalent to 62.15 Indian rupees.