trending Market Intelligence /marketintelligence/en/news-insights/trending/K3F0Q5YwWtPM8wj4W9SsJg2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Wabco India fiscal Q1 profit falls YOY

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

BLOG

Investment Banking Essentials Newsletter: June Edition

BLOG

Banking Essentials Newsletter: June Edition

Case Study

กรณีศึกษา A Bank Takes its Project Finance Assessments to a New Level


Wabco India fiscal Q1 profit falls YOY

Wabco India Ltd. said its normalized net income for the fiscal first quarter ended June 30 was 14.10 Indian rupees per share, a decrease of 16.0% from 16.79 rupees per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 267.5 million rupees, a decrease of 16.0% from 318.3 million rupees in the year-earlier period.

The normalized profit margin fell to 8.8% from 12.8% in the year-earlier period.

Total revenue increased 22.6% year over year to 3.05 billion rupees from 2.49 billion rupees, and total operating expenses climbed 26.0% on an annual basis to 2.66 billion rupees from 2.11 billion rupees.

Reported net income fell 13.3% from the prior-year period to 306.6 million rupees, or 16.17 rupees per share, from 353.9 million rupees, or 18.66 rupees per share.

As of July 21, US$1 was equivalent to 60.32 Indian rupees.