eDynamics Solutions Ltd. said its normalized net income for the fiscal first half ended Sept. 30 was 221,250 rupees, an increase from 76,880 rupees in the prior-year period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
Total revenue climbed 45.0% year over year to 13.3 million rupees from 9.2 million rupees, and total operating expenses climbed 43.0% year over year to 12.9 million rupees from 9.0 million rupees.
Reported net income grew from the prior-year period to 199,000 rupees, or 1 paisa per share, from 85,000 rupees.
As of Nov. 18, US$1 was equivalent to 61.75 Indian rupees.
