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IEC Education fiscal Q3 profit climbs YOY
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IEC Education Ltd said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, came to 192,500 rupees, an increase from 61,250 rupees in the prior-year period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
Reported net income totaled 30,000 rupees, or 0 paise per share, compared to a loss of 72,000 rupees in the year-earlier period.
As of Feb. 12, US$1 was equivalent to 68.19 Indian rupees.