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Amsons Apparels posts fiscal H1 profit

Amsons Apparels Ltd. said its normalized net income for the fiscal first half ended Sept. 30 amounted to 151,880 rupees.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

Total revenue came to 22.6 million rupees, and total operating expenses totaled 22.4 million rupees.

Reported net income totaled 164,000 rupees, or 2 paise per share.

As of Dec. 12, US$1 was equivalent to 62.59 Indian rupees.