La Opala RG Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was 2.14 Indian rupees per share, compared with the S&P Capital IQ consensus estimate of 2.73 rupees per share.
EPS rose 25.4% year over year from 1.70 rupees.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 115.6 million rupees, an increase of 27.9% from 90.3 million rupees in the year-earlier period.
The normalized profit margin climbed to 18.6% from 16.0% in the year-earlier period.
Total revenue rose 10.5% on an annual basis to 622.1 million rupees from 563.0 million rupees, and total operating expenses rose 5.3% from the prior-year period to 436.7 million rupees from 414.9 million rupees.
Reported net income grew 25.9% from the prior-year period to 138.9 million rupees, or 2.57 rupees per share, from 110.3 million rupees, or 2.08 rupees per share.
As of Feb. 6, US$1 was equivalent to 61.94 Indian rupees.
