trending Market Intelligence /marketintelligence/en/news-insights/trending/kmnnOZAAdHWXf_6F-xE2jw2 content esgSubNav
In This List

Natraj Proteins fiscal Q1 profit falls YOY


Maritime and Trade Talk Episode 26


HDFC Securities Investment Research Now Available through S&P Capital IQ Pro


MediaTalk | Season 2
Ep.2 Back to the Box Office


Next in Tech Episode 156: Connecting with Customers

Natraj Proteins fiscal Q1 profit falls YOY

Natraj Proteins Ltd. said its normalized net income for the fiscal first quarter ended June 30 came to 1.78 Indian rupees per share, a decline of 50.1% from 3.56 rupees per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 6.7 million rupees, a decline of 50.0% from 13.3 million rupees in the prior-year period.

The normalized profit margin declined to 0.9% from 2.0% in the year-earlier period.

Total revenue increased 8.2% year over year to 727.2 million rupees from 671.8 million rupees, and total operating expenses increased 8.6% from the prior-year period to 701.4 million rupees from 645.7 million rupees.

Reported net income declined 55.5% from the prior-year period to 8.2 million rupees, or 2.18 rupees per share, from 18.3 million rupees, or 4.90 rupees per share.

As of Aug. 13, US$1 was equivalent to 61.07 Indian rupees.