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Triton Valves profit beats consensus by 32.4% in fiscal Q2

4911551 said its normalized net income for the fiscal second quarter ended Sept. 30 came to 21.40 Indian rupees per share, compared with the S&P Capital IQ consensus estimate of 16.16 rupees per share.

EPS increased year over year from 6.53 rupees.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 21.2 million rupees, an increase from 6.5 million rupees in the year-earlier period.

The normalized profit margin climbed to 4.8% from 1.7% in the year-earlier period.

Total revenue climbed 13.8% on an annual basis to 446.0 million rupees from 392.1 million rupees, and total operating expenses climbed 8.9% on an annual basis to 393.8 million rupees from 361.5 million rupees.

eported net income grew on an annual basis to 23.4 millio Triton Valves Ltd.