trending Market Intelligence /marketintelligence/en/news-insights/trending/bMAjhDFa7Ef7VbdEJNhMug2 content esgSubNav
In This List

Associated Alcohols & Breweries fiscal Q3 profit climbs 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


Associated Alcohols & Breweries fiscal Q3 profit climbs YOY

Associated Alcohols & Breweries Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to 1.25 Indian rupees per share, an increase from 4 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 22.6 million rupees, a gain from 742,500 rupees in the year-earlier period.

The normalized profit margin rose to 2.9% from 0.1% in the year-earlier period.

Total revenue rose 21.5% year over year to 767.4 million rupees from 631.8 million rupees, and total operating expenses increased 17.8% year over year to 716.3 million rupees from 608.0 million rupees.

Reported net income increased year over year to 27.1 million rupees, or 1.50 rupees per share, from 3.9 million rupees, or 22 paise per share.

As of Feb. 13, US$1 was equivalent to 62.03 Indian rupees.