BackEveready Q2 net profit jumps 376% to Rs17.64 crore
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11 Nov 2014, 11:14 PM IST
The company's revenue increased 11% to Rs354.29 crore
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Kolkata: Eveready Industries Ltd on Tuesday said net profit for the July-September quarter jumped 376% to Rs17.64 crore compared to the year-ago period, as the company raised prices and sold more lighting products. Revenue increased 11% to Rs354.29 crore.
Sales from lighting products increased 28%, Eveready said in a press release.
The company said it also gained from easing exchange rates, which led to a reduction in finance costs to Rs7.93 crore, compared to Rs10.12 crore in the year-ago quarter.
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Published: 11 Nov 2014, 10:01 PM IST
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