KRBL Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was 2.83 Indian rupees per share, a gain of 38.6% from 2.04 rupees per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 666.0 million rupees, an increase of 38.4% from 481.2 million rupees in the prior-year period.
The normalized profit margin climbed to 8.7% from 6.8% in the year-earlier period.
Total revenue climbed 8.9% on an annual basis to 7.66 billion rupees from 7.04 billion rupees, and total operating expenses rose 5.7% on an annual basis to 6.45 billion rupees from 6.11 billion rupees.
Reported net income increased 16.1% from the prior-year period to 825.2 million rupees, or 3.51 rupees per share, from 710.8 million rupees, or 3.02 rupees per share.
As of Feb. 6, US$1 was equivalent to 61.94 Indian rupees.
