Triveni Enterprises Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to 404,380 rupees, an increase from 151,250 rupees in the year-earlier period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin declined to 0.6% from 1.3% in the year-earlier period.
Total revenue rose year over year to 62.6 million rupees from 11.5 million rupees, and total operating expenses increased from the prior-year period to 62.0 million rupees from 11.3 million rupees.
Reported net income rose 84.7% year over year to 447,000 rupees, or 1 paise per share, from 242,000 rupees, or 10 paise per share.
As of Feb. 16, US$1 was equivalent to 62.15 Indian rupees.
