trending Market Intelligence /marketintelligence/en/news-insights/trending/XunYfEzeD2XcbXA2qN0bAw2 content esgSubNav
In This List

Gabriel India fiscal Q3 profit climbs 9.1% YOY

Blog

Optimism abounds in Indian online video industry

Blog

2022 broadband forecast shifts to market share battle with intense competition

Blog

Expand Your Perspective: Innovation

Podcast

Next in Tech | Episode 64: Digital infrastructure – towers and datacenters unite! Sort of...


Gabriel India fiscal Q3 profit climbs 9.1% YOY

Gabriel India Ltd said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, was 98 Indian paise per share, an increase of 8.8% from 90 paise per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 141.2 million rupees, an increase of 9.1% from 129.4 million rupees in the year-earlier period.

The normalized profit margin rose to 4.0% from 3.6% in the year-earlier period.

Total revenue decreased year over year to 3.52 billion rupees from 3.56 billion rupees, and total operating expenses fell on an annual basis to 3.30 billion rupees from 3.35 billion rupees.

Reported net income grew 10.2% on an annual basis to 175.6 million rupees, or 1.22 rupees per share, from 159.4 million rupees, or 1.11 rupees per share.

As of Jan. 29, US$1 was equivalent to 67.85 Indian rupees.