Atul Auto Ltd said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was 4.84 Indian rupees per share, compared with the S&P Capital IQ consensus estimate of 5.68 rupees per share.
EPS increased 18.0% year over year from 4.11 rupees.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 106.4 million rupees, an increase of 18.0% from 90.1 million rupees in the year-earlier period.
The normalized profit margin increased to 7.6% from 7.3% in the year-earlier period.
Total revenue increased 13.2% on an annual basis to 1.39 billion rupees from 1.23 billion rupees, and total operating expenses rose 12.6% from the prior-year period to 1.22 billion rupees from 1.09 billion rupees.
Reported net income increased 17.1% from the prior-year period to 113.1 million rupees, or 5.15 rupees per share, from 96.6 million rupees, or 4.40 rupees per share.
As of Jan. 19, US$1 was equivalent to 61.63 Indian rupees.
