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Adlabs Entertainment posts fiscal H1 loss

Adlabs Entertainment Ltd said its normalized net income for the fiscal first half ended Sept. 30, 2014, amounted to a loss of 538.9 million rupees.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

Total revenue came to 721.7 million rupees, and total operating expenses came to 1.05 billion rupees.

Reported net income came to a loss of 535.3 million rupees, or a loss of 11.05 rupees per share.

As of Feb. 25, US$1 was equivalent to 61.90 Indian rupees.