trending Market Intelligence /marketintelligence/en/news-insights/trending/N6IuA9_Gv_PhfHbdJeZ91A2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Autoline Industries fiscal Q3 loss narrows YOY

A Community Bank Shares its “Going Green” Story with Stakeholders

Podcast

Street Talk Episode 76: Record pace of fintech M&A, funding in Q1'21 has legs

Street Talk – Episode 76: Record pace of fintech M&A, funding in Q1'21 has legs

European Energy Insights February 2021


Autoline Industries fiscal Q3 loss narrows YOY

Autoline Industries Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, came to a loss of 6.73 Indian rupees per share, compared with a loss of 9.51 rupees per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 83.5 million rupees, compared with a loss of 116.8 million rupees in the year-earlier period.

The normalized profit margin climbed to negative 11.3% from negative 12.5% in the year-earlier period.

Total revenue declined 20.6% on an annual basis to 739.4 million rupees from 931.3 million rupees, and total operating expenses declined 22.6% from the prior-year period to 804.5 million rupees from 1.04 billion rupees.

Reported net income totaled a loss of 133.8 million rupees, or a loss of 10.78 rupees per share, compared to a loss of 187.0 million rupees, or a loss of 15.22 rupees per share, in the prior-year period.

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