trending Market Intelligence /marketintelligence/en/news-insights/trending/rxJcj4EDT0ptsfg5Ug2hEQ2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Supreme Tex Mart fiscal Q3 loss narrows YOY

Gender Parity within German Banks

PODCAST

Episode 14: A Quantum of Technology

Blog

Minimizing Risk at a Bank with a Trade Intelligence Platform

Blog

2021 US broadband forecast lifted by rising digital home profiles


Supreme Tex Mart fiscal Q3 loss narrows YOY

Supreme Tex Mart Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, was a loss of 2.44 Indian rupees per share, compared with a loss of 3.29 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 a loss of 166.3 million rupees, compared with a loss of 224.6 million rupees in the prior-year period.

The normalized profit margin rose to negative 18.3% from negative 27.6% in the year-earlier period.

Total revenue increased 11.8% year over year to 908.2 million rupees from 812.3 million rupees, and total operating expenses grew 13.9% year over year to 1.17 billion rupees from 1.03 billion rupees.

Reported net income came to a loss of 266.1 million rupees, or a loss of 3.90 rupees per share, compared to a loss of 171.5 million rupees, or a loss of 2.51 rupees per share, in the prior-year period.

As of Feb. 12, US$1 was equivalent to 68.19 Indian rupees.