Ozone World Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was 12 Indian paise per share, an increase of 17.2% from 10 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 424,380 rupees, an increase of 10.4% from 384,380 rupees in the prior-year period.
Reported net income grew 10.4% on an annual basis to 679,000 rupees, or 18 paise per share, from 615,000 rupees, or 16 paise per share.
As of Feb. 13, US$1 was equivalent to 62.03 Indian rupees.
