Pee Cee Cosma Sope Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to 89 Indian paise per share, a decrease from 94 paise per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 2.3 million rupees, a decrease from 2.3 million rupees in the prior-year period.
The normalized profit margin dropped to 1.2% from 1.2% in the year-earlier period.
Total revenue increased year over year to 197.9 million rupees from 193.3 million rupees, and total operating expenses increased on an annual basis to 192.2 million rupees from 188.3 million rupees.
Reported net income fell 7.3% from the prior-year period to 2.3 million rupees, or 90 paise per share, from 2.5 million rupees, or 1 rupee per share.
As of Feb. 12, US$1 was equivalent to 62.20 Indian rupees.
