Rajkamal Synthetics Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, amounted to 10,000 rupees, a decline of 94.5% from 181,250 rupees in the prior-year period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
Reported net income fell 94.5% from the prior-year period to 16,000 rupees, or 0 paise per share, from 290,000 rupees.
As of Feb. 3, US$1 was equivalent to 61.67 Indian rupees.
