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PDS Multinational Fashions posts fiscal Q1 profit

PDS Multinational Fashions Ltd. said its normalized net income for the fiscal first quarter ended June 30 amounted to 24.1 million rupees.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin was 0.3%.

Total revenue came to 8.73 billion rupees, and total operating expenses totaled 8.69 billion rupees.

Reported net income came to 37.1 million rupees, or 1.42 rupees per share.

As of Nov. 17, US$1 was equivalent to 61.80 Indian rupees.