trending Market Intelligence /marketintelligence/en/news-insights/trending/eDqBBgOe4MGXnVsdhuqBzQ2 content esgSubNav
In This List

Rama Vision swings to profit in fiscal Q1

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Rama Vision swings to profit in fiscal Q1

Rama Vision Ltd said its normalized net income for the fiscal first quarter ended June 30 was 17 Indian paise per share, compared with a loss of 20 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 1.7 million rupees, compared with a loss of 2.1 million rupees in the year-earlier period.

The normalized profit margin climbed to 1.8% from negative 2.7% in the year-earlier period.

Total revenue grew 29.2% year over year to 97.8 million rupees from 75.7 million rupees, and total operating expenses grew 20.2% from the prior-year period to 94.4 million rupees from 78.6 million rupees.

Reported net income came to 1.9 million rupees, or 19 paise per share, compared to a loss of 2.3 million rupees, or a loss of 22 paise per share, in the year-earlier period.

As of Aug. 11, US$1 was equivalent to 61.19 Indian rupees.