Gillette India Ltd. said its normalized net income for the fiscal second quarter ended Dec. 31, 2014, amounted to 11.33 Indian rupees per share, compared with the S&P Capital IQ consensus estimate of 4.76 rupees per share.
EPS increased year over year from 3.35 rupees.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 369.3 million rupees, a gain from 109.0 million rupees in the prior-year period.
The normalized profit margin rose to 7.4% from 2.6% in the year-earlier period.
Total revenue increased 16.7% on an annual basis to 4.98 billion rupees from 4.27 billion rupees, and total operating expenses rose 6.0% on an annual basis to 4.43 billion rupees from 4.18 billion rupees.
Reported net income rose from the prior-year period to 368.6 million rupees, or 11.31 rupees per share, from 110.4 million rupees, or 3.39 rupees per share.
As of Feb. 12, US$1 was equivalent to 62.20 Indian rupees.
