trending Market Intelligence /marketintelligence/en/news-insights/trending/gG9G6mfEg0I26rAF1sIcNg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Southern Latex fiscal Q3 profit climbs YOY

Industry Top Trends 2021: Metals and Mining

TMT News & Research: 2020 Recap


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

The Evolution Of ESG Factors In Credit Risk Assessment: Corporate Governance

Southern Latex fiscal Q3 profit climbs YOY

Southern Latex Ltd said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, came to 176,250 rupees, a rise from 171,250 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 49.0% from 11.1% in the year-earlier period.

Total revenue fell 76.7% on an annual basis to 360,000 rupees from 1.5 million rupees, and total operating expenses fell 76.6% on an annual basis to 438,000 rupees from 1.9 million rupees.

Reported net income grew on an annual basis to 282,000 rupees, or 4 paise per share, from 274,000 rupees.

As of Feb. 2, US$1 was equivalent to 67.97 Indian rupees.