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Integra Garments fiscal Q2 loss widens 6.4% YOY

Integra Garments & Textiles Ltd. said its normalized net income for the fiscal second quarter ended Sept. 30 amounted to a loss of 9 Indian paise per share, compared with a loss of 8 paise per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 3.1 million rupees, compared with a loss of 2.9 million rupees in the prior-year period.

Reported net income came to a loss of 5.0 million rupees, or a loss of 14 paise per share, compared to a loss of 4.7 million rupees, or a loss of 13 paise per share, in the prior-year period.

As of Nov. 10, US$1 was equivalent to 66.24 Indian rupees.