Hind Syntex Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to 196,880 rupees, compared with a loss of 4.8 million rupees in the prior-year period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin climbed to 0.2% from negative 4.1% in the year-earlier period.
Total revenue came to 86.9 million rupees, and total operating expenses totaled 86.9 million rupees.
Reported net income totaled 315,000 rupees, or 2 paise per share.
As of Feb. 6, US$1 was equivalent to 61.94 Indian rupees.
