Pasupati Acrylon Ltd. said its normalized net income for the fiscal first quarter ended June 30 came to 75.4 million rupees, an increase from 812,500 rupees in the prior-year period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin climbed to 5.8% from 0.1% in the year-earlier period.
Total revenue climbed 7.4% year over year to 1.29 billion rupees from 1.20 billion rupees, and total operating expenses came to 1.17 billion rupees, compared with 1.17 billion rupees in the year-earlier period.
Reported net income grew year over year to 84.7 million rupees, or 95 paise per share, from 1.2 million rupees, or 1 paise per share.
As of Aug. 11, US$1 was equivalent to 61.19 Indian rupees.
