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Jay Ushin fiscal Q1 profit falls YOY

4911539 said its normalized net income for the fiscal first quarter ended June 30 came to 3.66 Indian rupees per share, a decline of 17.2% from 4.42 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 14.1 million rupees, a decrease of 17.2% from 17.1 million rupees in the year-earlier period.

The normalized profit margin declined to 0.9% from 1.3% in the year-earlier period.

Total revenue grew 12.0% on an annual basis to 1.51 billion rupees from 1.35 billion rupees, and total operating expenses climbed 12.2% from the prior-year period to 1.49 billion rupees from 1.32 billion rupees.

eported net income decreased 44.9% year over year to Jay Ushin Ltd..