Super Sales India Ltd said its normalized net income for the fiscal second quarter ended Sept. 30 was 9.33 Indian rupees per share, a decrease of 40.7% from 15.74 rupees per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 28.6 million rupees, a decrease of 40.7% from 48.3 million rupees in the prior-year period.
The normalized profit margin fell to 4.7% from 8.2% in the year-earlier period.
Total revenue climbed on an annual basis to 607.4 million rupees from 588.1 million rupees, and total operating expenses rose 11.1% on an annual basis to 551.3 million rupees from 496.3 million rupees.
Reported net income decreased 28.8% from the prior-year period to 36.8 million rupees, or 11.98 rupees per share, from 51.7 million rupees, or 16.83 rupees per share.
As of Oct. 27, US$1 was equivalent to 61.30 Indian rupees.
