ENL Land Ltd. said its normalized net income for the fiscal second quarter ended Dec. 31, 2014, came to 42.4 million rupees.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin was 5.0%.
Total revenue came to 612.1 million rupees, and total operating expenses totaled 641.7 million rupees.
Reported net income came to 170.2 million rupees, or 74 cents per share.
As of Feb. 13, US$1 was equivalent to 33.35 Mauritian rupees.
