Anjani Synthetics Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, amounted to 34 Indian paise per share, an increase of 6.6% from 32 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 3.6 million rupees, an increase from 3.5 million rupees in the prior-year period.
The normalized profit margin increased to 0.4% from 0.4% in the year-earlier period.
Total revenue totaled 835.5 million rupees, compared with 835.2 million rupees in the year-earlier period, and total operating expenses totaled 804.9 million rupees, compared with 810.4 million rupees in the prior-year period.
Reported net income grew 33.4% on an annual basis to 3.7 million rupees, or 34 paise per share, from 2.7 million rupees, or 25 paise per share.
As of Feb. 12, US$1 was equivalent to 62.20 Indian rupees.
