Filatex Fashions Ltd. said its normalized net income for the fiscal second quarter ended Sept. 30, 2015, came to 363,130 rupees, compared with a loss of 226,880 rupees in the year-earlier period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin rose to 0.4% from negative 0.4% in the year-earlier period.
Total revenue grew 71.2% on an annual basis to 90.9 million rupees from 53.1 million rupees, and total operating expenses rose 68.2% year over year to 90.0 million rupees from 53.5 million rupees.
Reported net income totaled 581,000 rupees, compared with a loss of 363,000 rupees, or a loss of 3 paise per share, in the year-earlier period.
As of Jan. 6, US$1 was equivalent to 66.74 Indian rupees.