trending Market Intelligence /marketintelligence/en/news-insights/trending/EiQdAagLFLd0th7Qg_sP-g2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Naturite Agro Products swings to loss in fiscal Q3


LCD Case Study: Streamlining Internal Processes with Automated Data Delivery


LCD Case Study: Using Leveraged Loan Data to Assess a Bank’s Portfolio Risk


LCD Case Study: Digging Deep on Leveraged Loans


EMEA Deal-Making Muted in Q4 2020, With No Mega Deals in Sight

Naturite Agro Products swings to loss in fiscal Q3

Naturite Agro Products Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, was a loss of 44 Indian paise per share, compared with 15 paise per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 2.4 million rupees, compared with income of 789,380 rupees in the prior-year period.

Total revenue fell 91.8% on an annual basis to 667,000 rupees from 8.1 million rupees, and total operating expenses declined 35.4% year over year to 4.4 million rupees from 6.9 million rupees.

Reported net income totaled a loss of 3.8 million rupees, or a loss of 71 paise per share, compared to income of 1.3 million rupees, or 24 paise per share, in the year-earlier period.

As of Feb. 12, US$1 was equivalent to 68.19 Indian rupees.