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Regent Enterprises fiscal Q3 loss narrows YOY

Regent Enterprises Ltd said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was a loss of 6,250 rupees, compared with a loss of 7,500 rupees in the year-earlier period.

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

Reported net income came to a loss of 10,000 rupees, or a loss of 0 paise per share, compared to a loss of 12,000 rupees, or a loss of 0 paise per share, in the prior-year period.

As of Feb. 13, US$1 was equivalent to 62.03 Indian rupees.