4912468 said its normalized net income for the fiscal second quarter ended Sept. 30 came to 51 Indian paise per share, compared with the S&P Capital IQ consensus estimate of 48 paise per share.
EPS climbed year over year from 23 paise.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 28.5 million rupees, an increase from 13.0 million rupees in the prior-year period.
The normalized profit margin increased to 10.3% from 6.0% in the year-earlier period.
Total revenue climbed 27.5% on an annual basis to 275.8 million rupees from 216.2 million rupees, and total operating expenses rose 16.5% on an annual basis to 226.1 million rupees from 194.1 million rupees.
Reported net income increased on an annual basis to 30.8 million rupees, or 55 paise per share, from 14.3 million rupees, or 26 paise per share.
s of Oct. 16, US$1 was equivalent to 61.79 Indian rupees.Menon Bearings Ltd.
4912468 said its normalized net income for the fiscal second quarter ended Sept. 30 came to 51 Indian paise per share, compared with the S&P Capital IQ consensus estimate of 48 paise per share.
