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Prhat Dairy posts fiscal H1 profit

Prabhat Dairy Ltd. said its normalized net income for the fiscal first half ended Sept. 30, 2014, was 73.0 million rupees.

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

Total revenue totaled 4.61 billion rupees, and total operating expenses came to 4.31 billion rupees.

Reported net income came to 125.5 million rupees, or 1.76 rupees per share.

As of April 1, US$1 was equivalent to 62.19 Indian rupees.