Emami Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was 6.36 Indian rupees per share, compared with the S&P Capital IQ consensus estimate of 7.23 rupees per share.
EPS increased 27.5% year over year from 4.99 rupees.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 1.44 billion rupees, a gain of 27.5% from 1.13 billion rupees in the prior-year period.
The normalized profit margin increased to 20.8% from 19.4% in the year-earlier period.
Total revenue increased 18.4% year over year to 6.92 billion rupees from 5.85 billion rupees, and total operating expenses increased 18.5% on an annual basis to 4.91 billion rupees from 4.14 billion rupees.
Reported net income grew 21.9% year over year to 1.84 billion rupees, or 8.09 rupees per share, from 1.51 billion rupees, or 6.64 rupees per share.
As of Jan. 28, US$1 was equivalent to 61.32 Indian rupees.
