Nagarjuna Agri-Tech Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was a loss of 2 Indian paise per share, compared with a loss of 9 paise per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 159,380 rupees, compared with a loss of 889,380 rupees in the prior-year period.
Reported net income came to a loss of 255,000 rupees, or a loss of 3 paise per share, compared to a loss of 1.4 million rupees, or a loss of 15 paise per share, in the prior-year period.
As of March 11, US$1 was equivalent to 62.77 Indian rupees.
