trending Market Intelligence /marketintelligence/en/news-insights/trending/Kwr8GQSwZp4SuK9U6-5qlQ2 content esgSubNav
In This List

Krypton Industries fiscal Q3 profit climbs 56.7% YOY

Blog

Capital Markets Activity Infographic: SPAC Volume Rises in Q3; Equity Issuance Drops but Remains Strong in Several Sectors

Blog

Asset Owner Perspectives on Climate Change Measurement, Management, and Reporting in Australia

Blog

How Financial Institutions are Managing Exposure to U.S. Municipals

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure


Krypton Industries fiscal Q3 profit climbs 56.7% YOY

Krypton Industries Ltd said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, came to 8 Indian paise per share, an increase of 51.1% from 5 paise per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 1.2 million rupees, a gain of 56.7% from 758,130 rupees in the prior-year period.

The normalized profit margin climbed to 1.2% from 0.8% in the year-earlier period.

Total revenue grew 5.9% year over year to 95.3 million rupees from 89.9 million rupees, and total operating expenses increased 5.7% on an annual basis to 88.2 million rupees from 83.4 million rupees.

Reported net income grew 77.8% from the prior-year period to 1.8 million rupees, or 12 paise per share, from 1.0 million rupees, or 7 paise per share.

As of Feb. 12, US$1 was equivalent to 68.19 Indian rupees.