Lux Island Resorts Ltd. said its normalized net income for the fiscal fourth quarter ended June 30 amounted to 130,630 rupees.

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

Total revenue came to 1.11 billion rupees, and total operating expenses totaled 1.07 billion rupees.

Reported net income came to 8.1 million rupees, or 6 cents per share.

For the year, the company's normalized net income totaled 2.18 rupees per share, a gain of 27.5% from 1.71 rupees per share in the prior year.

Normalized net income was 272.6 million rupees, a gain of 40.0% from 194.7 million rupees in the prior year.

Full-year total revenue increased 16.7% year over year to 4.53 billion rupees from 3.89 billion rupees, and total operating expenses grew 17.3% on an annual basis to 3.94 billion rupees from 3.36 billion rupees.

The company said reported net income grew 41.4% year over year to 379.3 million rupees, or 3.03 rupees per share, in the full year, from 268.1 million rupees, or 2.35 rupees per share.

As of Nov. 20, US$1 was equivalent to 36.05 Mauritian rupees.