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Integra Garments fiscal Q3 loss narrows YOY

Integra Garments & Textiles Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to a loss of 8 Indian paise per share, compared with a loss of 15 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 a loss of 2.8 million rupees, compared with a loss of 5.5 million rupees in the year-earlier period.

Reported net income came to a loss of 4.5 million rupees, or a loss of 12 paise per share, compared to a loss of 8.8 million rupees, or a loss of 24 paise per share, in the year-earlier period.

As of Feb. 12, US$1 was equivalent to 62.20 Indian rupees.