Eveready Industries Q1 net up over two-folds at Rs 10.6 crore

Battery maker Eveready Industries India Ltd today reported over two-fold increase in standalone net profit at Rs 10.6 crore in the first quarter ended June 30, 2014.

The company has reported a net profit of Rs 4.12 crore in the corresponding period a year ago.

Eveready's net sales in the quarter under review stood at Rs 323.48 crore, up 15.71% compared with Rs 279.56 crore in the corresponding period in 2013-14.

Overall expenses stood at Rs 300.24 crore as against Rs 265.88 crore in the corresponding period last year.

Shares of Eveready Industries closed at Rs 85.75 apiece at the end of day's trade, up 3.06% from its previous close on the BSE.