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MediaTalk | Season 2
Ep.1: Broadcast's Big Year


Global M&A by the Numbers Q4 2023

ANS Industries swings to profit in fiscal Q3

ANS Industries Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, was 588,130 rupees, compared with a loss of 2.6 million rupees in the year-earlier period.

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

The normalized profit margin increased to 4.1% from negative 60.0% in the year-earlier period.

Total revenue climbed year over year to 14.5 million rupees from 4.4 million rupees, and total operating expenses grew 62.5% year over year to 12.8 million rupees from 7.9 million rupees.

Reported net income came to 941,000 rupees, or 10 paise per share, compared to a loss of 4.2 million rupees in the prior-year period.

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