Eveready Industries India returned to a July–September net profit of 319.2 million rupees as operating revenue increased. Its year-earlier results included an exceptional charge that was absent this quarter. Profit before exceptional items and tax rose more modestly. The company also reported higher six-month operating cash inflow and kept an October property sale outside the September-end results.
Eveready Industries India reported consolidated net profit of 319.2 million rupees for July–September after a loss a year earlier. Operating revenue rose to 4,282.4 million rupees.[1], [2]
The board of Eveready Industries India approved the unaudited statements on 31 October. Operating revenue in the same quarter a year earlier was 3,867.8 million rupees, while net loss was 79.1 million rupees.[1]
Profit before exceptional items and tax increased from 372.5 million to 399.6 million rupees. The year-earlier quarter carried a 376.8 million rupee exceptional charge; the latest quarter had no such charge. Basic earnings per share were 4.39 rupees, against a loss of 1.09 rupees a year earlier.[1]
April–September operating activities generated net cash of 743.8 million rupees, up from 413.6 million rupees a year earlier. The transfer of the Noida B2 property in India, sold for 1,354.5 million rupees, was completed on 13 October. Since control passed after the reporting date, the company did not adjust the sale into the September results.[1]
