Atul Auto Ltd said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, amounted to 6.89 Indian rupees per share, compared with the S&P Capital IQ consensus estimate of 6.22 rupees per share.
EPS climbed 42.2% year over year from 4.84 rupees.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 151.1 million rupees, an increase of 42.1% from 106.4 million rupees in the year-earlier period.
The normalized profit margin rose to 10.0% from 7.6% in the year-earlier period.
Total revenue increased 8.9% year over year to 1.52 billion rupees from 1.39 billion rupees, and total operating expenses climbed from the prior-year period to 1.27 billion rupees from 1.22 billion rupees.
Reported net income rose 41.2% from the prior-year period to 159.7 million rupees, or 7.28 rupees per share, from 113.1 million rupees, or 5.15 rupees per share.
As of Feb. 8, US$1 was equivalent to 68.00 Indian rupees.