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.
