trending Market Intelligence /marketintelligence/en/news-insights/trending/vkdkvHwXeDhDU1khpKVjiA2 content esgSubNav
In This List

DFM Foods profit beats consensus by 41.7% in fiscal Q3

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


DFM Foods profit beats consensus by 41.7% in fiscal Q3

DFM Foods Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, amounted to 2.92 Indian rupees per share, compared with the S&P Capital IQ consensus estimate of 2.06 rupees per share.

EPS rose year over year from 1.24 rupees.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 29.2 million rupees, a gain from 12.4 million rupees in the year-earlier period.

The normalized profit margin climbed to 4.2% from 1.8% in the year-earlier period.

Total revenue fell year over year to 688.2 million rupees from 701.0 million rupees, and total operating expenses declined 5.2% on an annual basis to 636.3 million rupees from 671.0 million rupees.

Reported net income grew from the prior-year period to 31.2 million rupees, or 3.12 rupees per share, from 13.1 million rupees, or 1.31 rupees per share.

As of Jan. 22, US$1 was equivalent to 61.40 Indian rupees.