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Eveready Industries’ Q2 net profit slips 32%

Eveready Industries India has reported results for second quarter ended September 30, 2018.

The company has reported 32.16% fall in its net profit at Rs 24.66 crore for the quarter under review as compared to Rs 36.35 crore for the same quarter in the previous year. Total income of the company decreased by 4.46% at Rs 392.74 crore for Q2FY19 as compared Rs 411.06 crore for the corresponding quarter previous year.

Eveready Industries India (formerly known as Union Carbide India) is engaged in the manufacture of dry cell batteries and flashlights. It also manufactures tea under the brands Tez, Jaago, Premium Gold and Classic and insect repellents under the brand Eveready Poweron. The company was founded in 1905 and is based in Kolkata, West Bengal.