Ventura Textiles Ltd said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was a loss of 44 Indian paise per share, compared with a loss of 39 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 a loss of 7.4 million rupees, compared with a loss of 6.4 million rupees in the year-earlier period.
Reported net income came to a loss of 11.8 million rupees, or a loss of 71 paise per share, compared to a loss of 10.2 million rupees, or a loss of 62 paise per share, in the year-earlier period.
As of Feb. 13, US$1 was equivalent to 62.03 Indian rupees.
