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Precision Camshafts posts fiscal H1 profit

Precision Camshafts Ltd said its normalized net income for the fiscal first half ended Sept. 30, 2014, came to 335.6 million rupees.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

Total revenue totaled 2.65 billion rupees, and total operating expenses totaled 2.08 billion rupees.

Reported net income came to 358.5 million rupees, or 4.38 rupees per share.

As of March 12, US$1 was equivalent to 62.53 Indian rupees.