4916891 said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was a loss of 116.8 million rupees, compared with a loss of 70.5 million 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 dropped to negative 12.5% from negative 4.3% in the year-earlier period.
Total revenue declined 43.4% year over year to 931.3 million rupees from 1.65 billion rupees, and total operating expenses declined 38.4% on an annual basis to 1.04 billion rupees from 1.69 billion rupees.
Reported net income totaled a loss of 187.0 million rupees, or a loss of 15.22 rupees per share, compared to a loss of 112.6 million rupees in the prior-year period.
s of Feb. 3, US$1 was equivalent to 61.67 Indian rupees.Autoline Industries Ltd.
4916891 said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was a loss of 116.8 million rupees, compared with a loss of 70.5 million rupees in the year-earlier period.
