trending Market Intelligence /marketintelligence/en/news-insights/trending/FFVtrqxNDHfsD46ctZgIEg2 content esgSubNav
In This List

Madhusudan Industries fiscal Q3 profit falls YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Madhusudan Industries fiscal Q3 profit falls YOY

Madhusudan Industries Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was 1 Indian paise per share, a decrease of 93.5% from 19 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 76,880 rupees, a decrease of 92.6% from 1.0 million rupees in the prior-year period.

The normalized profit margin dropped to 28.4% from 570.7% in the year-earlier period.

Total revenue totaled 271,000 rupees, and total operating expenses totaled 1.3 million rupees.

Reported net income declined 92.6% from the prior-year period to 123,000 rupees, or 2 paise per share, from 1.7 million rupees, or 31 paise per share.

As of Feb. 5, US$1 was equivalent to 61.74 Indian rupees.