4911541 said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, amounted to 41 Indian paise per share, compared with a loss of 19 paise per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 9.7 million rupees, compared with a loss of 4.6 million rupees in the year-earlier period.

The normalized profit margin rose to 0.5% from negative 0.3% in the year-earlier period.

Total revenue rose 14.7% year over year to 1.95 billion rupees from 1.70 billion rupees, and total operating expenses rose 14.6% year over year to 1.85 billion rupees from 1.62 billion rupees.

eported net income totaled 13.4 million rupees, or 57 pai Aarvee Denims and Exports Ltd