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Eveready Industries reports 23% rise in Q1 net profit

26 Jul 2013 Evaluate

Eveready Industries has reported results for first quarter ended June 30, 2013.

The company has reported 22.98% rise in its net profit after tax at Rs 4.12 crore for the quarter as compared to Rs 3.35 crore for the same quarter in the previous year. Total income from operations of the company has increased by 8.86% at Rs 279.61 crore for quarter under review as compared to Rs 256.84 crore for the quarter ended June 30, 2012.

Eveready is largely involved in the production of batteries and lighting solutions, but is also in the tea business. It has a portfolio comprising ‘dry cell batteries (carbon zinc batteries, rechargeable batteries and alkaline batteries), flashlights (torches), CFLs (Compact Fluorescent Lamps) and packet tea.

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