Eveready Industries’s expenses during the quarter were Rs347.06 crore as against Rs318.34 crore in the same period previous fiscal. Photo: BloombergNew Delhi: Eveready Industries India Ltd on Monday reported a 40.49% decline in net profit at Rs20.94 crore for the quarter ended 31 December 2017, mainly on account of higher expenses. The battery maker had posted a net profit of Rs35.19 crore during the same period a year ago, Eveready Industries said in a regulatory filing. Total income during the quarter under review stood at Rs373.80 crore, compared to Rs346.90 crore in the December quarter of 2016-17. Expenses during the quarter were Rs347.06 crore as against Rs318.34 crore in the same period previous fiscal.

Source: Mint February 05, 2018 09:11 UTC