trending Market Intelligence /marketintelligence/en/news-insights/trending/QPH_VGUNazCbvgXH4wOw2g2 content esgSubNav
In This List

Inceptum Enterprises fiscal Q1 profit climbs YOY

Blog

Corporate Credit Risk Trends in Developing Markets: An Expected Credit Loss (ECL) Perspective

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Corporate Credit Risk Trends in Developing Markets: A Loss Given Default (LGD) Perspective

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow


Inceptum Enterprises fiscal Q1 profit climbs YOY

Inceptum Enterprises Ltd. said its normalized net income for the fiscal first quarter ended June 30 amounted to 37,490 rupees, a gain from 12,610 rupees in the year-earlier period.

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

The normalized profit margin declined to 1.2% from 2.4% in the year-earlier period.

Total revenue rose year over year to 3.1 million rupees from 529,210 rupees, and total operating expenses increased from the prior-year period to 3.1 million rupees from 509,030 rupees.

Reported net income grew on an annual basis to 59,990 rupees, or 1 paise per share, from 20,180 rupees, or 1 paise per share.

As of Aug. 14, US$1 was equivalent to 60.85 Indian rupees.