trending Market Intelligence /marketintelligence/en/news-insights/trending/XWSTg1ORj5ksk-WDKo2PDQ2 content esgSubNav
In This List

Vaibhav Global fiscal Q3 profit climbs 9.1% YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021


Vaibhav Global fiscal Q3 profit climbs 9.1% YOY

Vaibhav Global Ltd said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, amounted to 8.10 Indian rupees per share, a gain of 9.2% from 7.42 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 263.2 million rupees, an increase of 9.1% from 241.2 million rupees in the year-earlier period.

The normalized profit margin increased to 6.7% from 6.5% in the year-earlier period.

Total revenue rose 6.3% on an annual basis to 3.94 billion rupees from 3.70 billion rupees, and total operating expenses rose 8.5% on an annual basis to 3.52 billion rupees from 3.24 billion rupees.

Reported net income rose 22.2% year over year to 388.3 million rupees, or 11.95 rupees per share, from 317.7 million rupees, or 9.77 rupees per share.

As of Jan. 29, US$1 was equivalent to 61.78 Indian rupees.