Profit before tax was at Rs 1.89 crore compared to a loss of Rs 20.83 crore in the corresponding quarter of last year. Net sales were at Rs 193.20 crore, an increase of 10.43 per cent over the same period last year.
Deepak Khaitan, executive vice chairman and managing director, Eveready said, the coming quarters would be much better.
Key input material costs in the fourth quarter remained at the same level as in the previous corresponding quarter. However, material costs were favourable by 8.5 per cent of net sales value as compared to that of the previous corresponding quarter.
He said, the drop in zinc prices and sale of a property would show in the first quarter results of the current financial year. "Interest cost will come down significantly and the Uttaranchal plant will achieve full production in the first quarter," explained Khaitan.