4913298 said its normalized net income for the fiscal second quarter ended Sept. 30 came to 9.29 Indian rupees per share, a decline of 31.1% from 13.49 rupees per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 111.0 million rupees, a decline of 31.1% from 161.2 million rupees in the year-earlier period.
The normalized profit margin fell to 23.5% from 28.8% in the year-earlier period.
Total revenue decreased 15.7% year over year to 471.9 million rupees from 559.5 million rupees, and total operating expenses fell year over year to 294.1 million rupees from 308.3 million rupees.
eported net income decreased 31.1% from the prior-year Warren Tea Ltd..
