Zydus Wellness Ltd said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to 5.26 Indian rupees per share, compared with the S&P Capital IQ consensus estimate of 8.00 rupees per share.
EPS climbed 11.7% year over year from 4.71 rupees.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 205.6 million rupees, a gain of 11.7% from 184.0 million rupees in the prior-year period.
The normalized profit margin dropped to 18.1% from 18.9% in the year-earlier period.
Total revenue grew 16.8% year over year to 1.14 billion rupees from 973.4 million rupees, and total operating expenses rose 20.2% year over year to 861.8 million rupees from 716.9 million rupees.
Reported net income increased 65.9% year over year to 444.2 million rupees, or 11.37 rupees per share, from 267.7 million rupees, or 6.85 rupees per share.
As of Feb. 9, US$1 was equivalent to 62.14 Indian rupees.
