First Winner Industries Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was 44.3 million rupees, compared with a loss of 49.3 million rupees in the prior-year period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
Reported net income totaled a loss of 70.9 million rupees, compared with a loss of 78.9 million rupees in the year-earlier period.
As of Feb. 13, US$1 was equivalent to 62.03 Indian rupees.
