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2007

•

Unaudited Financial Results for the Quater and Nine Months Ended December 31, 2007

(Rs. Lakhs)

	Description	3 months ended (31/12/2007)	Corresponding 3 months ended in the previous year(31/12/2006)	Year to date figures for current period ended (31/12/2007)	Year to date figures for the previous year ended (31/12/2006)	Previous accounting year ended (31/03/2007)
	Description	Unaudited	Unaudited	Unaudited	Unaudited	Audited
1.	Gross Sales/Income from Operations	25,043.66	23,434.34	73,120.30	74,894.97	95,352.49
	Less: Excise Duty	2,437.38	2,676.70	7,723.21	8,420.06	11,382.24
2.	Net Sales/Income from Operations	22,606.28	20,757.64	65,397.09	66,474.91	83,970.25
3.	Other Income
	From Sale of Real Estate/ Assets	70.39	3.67	79.84	44.28	57.73
	From Operations	163.56	57.62	260.24	177.13	312.62
4.	Total Income	22,840.23	20,818.93	65,737.17	66,696.32	84,340.60
5.	Expenditure
	(a) (Increase)/Decrease in Stock-in-Trade and
	Work-in-Progress	(105.98)	2,248.71	(387.12)	754.65	4,020.59
	(b) Consumption of Raw Materials	10,469.84	9,643.75	34,802.42	36,081.82	46,567.60
	(c) Purchase of Traded Goods	4,271.79	2,837.81	8,422.13	5,533.71	4,855.32
	(d) Employees Cost	1,957.95	2,017.64	5,677.78	6,165.40	7,864.58
	(e) Depreciation	648.70	481.93	1,941.07	1,761.43	2,421.82
	(f) Other Expenditure	4,026.13	4,075.29	11,751.30	12,746.14	16,742.84
	(g)Total	21,268.43	21,305.13	62,207.58	63,043.15	82,472.75
6.	Interest and Exchange Fluctuation (Net)
	a) Interest	1,399.90	1,038.65	4,043.34	3,242.98	4,295.84
	b) Exchange Fluctuation	(31.19)	27.88	7.02	93.35	84.22
7.	Exceptional Items - Provisions no longer required written back					782.32
8.	Profit(+)/Loss(-) from Ordinary Activities before Tax	203.09	(1,552.73)	(520.77)	316.84	(1,729.89)
9.	Tax Expense
	-Current (including Wealth Tax)	2.75	-	8.25	552.45	27.38
	-Deferred Tax	422.30	67.14	627.70	(82.08)	322.55
	-Fringe Benefit Tax	47.76	38.82	122.77	112.48	174.79
10.	Net Profit(+)/Loss(-) from Ordinary Activities after Tax	(269.72)	(1,658.69)	(1,279.49)	(266.01)	(2,254.61)
11.	Extraordinary items (net of tax expenses Rs. NIL)	NIL	NIL	NIL	NIL	NIL
12.	Net Profit(+)/Loss(-) for the period	(269.72)	(1,658.69)	(1,279.49)	(266.01)	(2,254.61)
13.	Paid up Equity Share Capital Face: Value Rs.5/- per share.	3,634.36	3,634.36	3,634.36	3,634.36	3,634.36
14.	Reserves and Surplus Excluding Revaluation	-	-	-	-	46,165.83
	Reserve as per Balance Sheet of previous
15.	Earning Per Share(EPS)
	Basic and Diluted EPS for the period, for the year to date and for the previous year (not to
	Basic	(0.37)	(2.28)	(1.76)	(0.37)	(3.11)
	Diluted	(0.37)	(2.28)	(1.76)	(0.37)	(3.11)
16.	Public Share holding
	Number of Shares	43,239,153	43,199,350	43,239,153	43,199,350	43,193,892
	Percentage of Share Holding	59.49	59.43	59.49	59.43	59.42

Notes:

The Company is engaged in the business of marketing of dry cell batteries, flashlights, packet tea, general lighting products, insect repellents and other homecare products which come under a single business segment known as Fast Moving Consumer Goods (FMCG).

Geographical Segment –

Sales within India	Rs. 71,372.07 lakhs
Sales outside India	Rs. 1,748.23 lakhs

Investor Grievance Report -

No. of investor grievances pending at the beginning of the quarter	Nil
No. of investor grievances received during the quarter	5
No. of investor grievances replied/resolved during the quarter	5
No. of investor grievances pending at the end of the quarter	Nil

Trial proceedings before the Chief Judicial Magistrate, Bhopal, on the modified charges framed under the directions of the Supreme Court that commenced in September 1997, are yet to be concluded. As per advice of legal counsel, allegations against the Company are without any firm basis and possibilities of proceedings against the Company, succeeding are extremely remote. Since the charges are very likely to fail, no provision is necessary at this stage.

By an order dated December 5, 2007, the Hon’ble High Court at Calcutta has sanctioned the Scheme of Amalgamation of the wholly owned subsidiary, Powercell Battery India Limited., with the Company, with effect from April 1, 2007. The said Order has been filed with the Registrar of Companies, West Bengal. Due effect of the amalgamation has accordingly, been given in these results. In order to make the figures comparable, those for the quarter and period ended December 31, 2007 have been restated so as to reflect the results of the merged entity for the respective periods. The figures for the previous accounting year represent audited results of the combined entity.

Figures of the previous periods have been regrouped/rearranged wherever considered necessary.

The above statement, which was subject to a limited review by the Statutory Auditors, was reviewed by the Audit Committee and approved by the Board of Directors of the Company at its meeting held on January 30, 2008.

Kolkata
January 30, 2008

EVEREADY INDUSTRIES INDIA LTD
Suvamoy Saha
Director

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•

Unaudited Financial Results ( Provisional ) for the Quater and Half Year Ended September 30,2007

(Rs. Lakhs)

Description
		3 months ended (30/09/2007)	Corresponding 3 months ended in the previous year (30/09/2006)	Year to date figures for current period ended (30/09/2007)	Year to date figures for the previous year ended (30/09/2006)	Previous accounting year ended (31/03/2007)
		Unaudited	Unaudited	Unaudited	Unaudited	Unaudited
1.	Gross Sales/Income from operations	22,698.40	21,901.54	43,578.48	47,503.91	87,386.69
	Less: Excise Duty	2,307.08	2,549.47	4,694.50	5,486.11	10,134.25
2.	Net Sales/Income from operations	20,391.32	19,352.07	38,883.98	42,017.80	77,252.44
3.	Other Income
	From Sale of Real Estate/Assets	1.66	4.74	9.46	40.61	57.73
	From Operations	33.81	23.61	75.21	72.49	240.97
4.	Total Income	20,426.79	19,380.42	38,968.65	42,130.90	77,551.14
5.	Expenditure
(a)	(Increase) / Decrease in Stock-in-Trade and Work-in-Progress	(1,065.25)	703.95	(342.03)	(1,171.93)	4,120.54
(b)	Consumption of Raw Materials	12,042.32	10,953.69	22,487.99	24,391.96	42,601.60
(c)	Purchase of Traded Goods	2,425.87	1,407.53	3,900.36	2,490.39	4,782.03
(d)	Employees Cost	1,552.21	1,771.99	3,310.57	3,746.96	7,045.97
(e)	Depreciation	526.52	536.32	1,059.79	1,067.12	1,994.51
(f)	Other Expenditure	3,429.27	2,676.70	6,811.10	7,593.93	14,990.49
(g)	Total	18,910.94	18,050.18	37,227.78	38,118.43	75,535.14
6.	Interest and Exchange Fluctuation (Net)
(a)	Interest	1,256.02	1,033.39	2,533.71	2,072.32	4,033.90
(b)	Exchange Fluctuation	(0.48)	19.00	41.32	46.53	84.22
7.	Exceptional Items - Provisions no longer required written back					782.32
8.	Profit (+)/Loss(-) from Ordinary Activities before Tax	260.31	277.85	(834.16)	1,893.62	(1,319.80)
9.	Total Expense	143.11	72.82	280.30	470.46	23.10
10.	Net Profit (+)/ Loss (-) from Ordinary Activities after Tax	117.20	205.03	(1,114.46)	1,423.16	(1,342.90)
11.	Extraordinary items (net of tax expenses Rs. NIL)	NIL	NIL	NIL	NIL	NIL
12.	Net Profit (+)/Loss (-) for the period	117.20	205.03	(1,114.46)	1,423.16	(1,342.90)
13.	Paid up Equity Share Capital Face Value: Rs. 5/- per share	3,634.36	3,634.36	3,634.36	3,634.36	3,634.36
14.	Reserve and Surplus Excluding Revaluation Reserve as per Balance Sheet of Previous accounting year					47,024.20
15.	Earning Per Share (EPS) Basic and Diluted EPS for the period, for the year to date and for the previous year (not to be annualised)
	Basic	0.16	0.28	(1.53)	1.97	(1.85)
	Diluted	0.16	0.26	(1.53)	1.81	(1.85)
16.	Public Share holding
	Number of Shares	43,260,153	43,118,850	43,260,153	43,118,850	43,193,892
	Percentage of Share Holding	59.52	59.32	59.52	59.32	59.42

Notes:

The Company is engaged in the business of manufacture and sale of dry cell batteries, flashlights and packet tea as well as sale of insect repellents which come under a single business segment known as Fast Moving Consumer Goods (FMCG).

Geographical Segment –

Sales within India	Rs. 42427.79 lakhs
Sales outside India	Rs. 1150.69lakhs

Investor Grievance Report -

No. of investor grievances pending at the beginning of the quarter	Nil
No. of investor grievances received during the quarter	5
No. of investor grievances replied/resolved during the quarter	5
No. of investor grievances pending at the end of the quarter	Nil

During the quarter, the Members of the Company have approved a Scheme of Amalgamation of the wholly owned subsidiary, Powercell Battery India Ltd., with the Company, effective April 1, 2007. Requisite sanction of the Hon’ble High Court at Calcutta, of the said Scheme, is pending.

Figures of the previous periods have been regrouped/rearranged wherever considered necessary.

Kolkata
October 31, 2007

EVEREADY INDUSTRIES INDIA LTD
Suvamoy Saha
Wholetime Director

INFORMATION IN ADDITION TO LISTING REQUIREMENTS COMBINED UNAUDITED FINANCIAL INFORMATION OF EVEREADY INDUSTRIES INDIA LTD. AND ITS WHOLLY OWNED SUBSIDIARY POWERCELL BATTERY INDIA LTD. FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2007

(Rs. Lakhs)

Description		For the 3 months ended 30th September		For the half year ended 30th September		For the Year ended 31st March
Description		2007 Unaudited	2006 Unaudited	2007 Unaudited	2006 Unaudited	2007 Audited
1.	Gross Sales/Income from operations	25,158.22	23,947.86	48,069.70	51,391.83	95,352.50
	Less: Excise Duty	2,698.41	2,900.76	5,423.45	6,070.65	11,382.24
2.	Net Sales/Income from operations	22,459.81	21,047.10	42,646.25	45,321.18	83,970.26
3.	Other Income	43.27	45.28	106.14	160.12	1,152.67
4.	Total Expenditure	20,202.83	19,030.89	39,463.92	40,040.57	80,050.93
5.	Profit/(Loss) before Depreciation, Interest, and Taxation	2,300.25	2,061.49	3,288.47	5,440.73	5,072.00
6.	Interest and Exchange fluctuation (Net)	1,326.35	1,140.38	2,719.95	2,291.64	4,380.07
7.	Depreciation/ Amortisation(Net)	643.60	648.97	1,292.37	1,279.50	2,421.82
8.	Profit/(Loss) before tax	330.30	272.14	(723.85)	1,869.59	(1,729.89)
9.	Taxation	146.87	74.00	285.91	476.88	524.72
10.	Net Profit / (Loss)	183.43	198.14	(1,009.76)	1,392.71	(2,254.61)
11.	Earning Per Share (EPS)
	Basic	0.25	0.27	(1.39)	1.93	(3.11)
	Diluted	0.25	0.25	(1.39)	1.77	(3.11)

Notes:

The above additional information were noted by the Board of Directors at its meeting on October 31, 2007.
Figures of the previous periods have been regrouped/rearranged wherever considered necessary.

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•

Unaudited Financial Results ( Provisional ) for the Quater Ended June 30,2007

(Rs. Lakhs)

DESCRIPTION		FOR THE QUARTER ENDED 30^TH JUNE		FOR THE YEAR ENDED 31^ST MARCH
DESCRIPTION		2007 UNAUDITED	2006 UNAUDITED	2007 AUDITED
1.	Gross Sales/Income from operations	20,880.09	25,602.37	87,386.69
	Less: Excise Duty	2,387.43	2,936.64	10,134.25
2.	Net Sales/Income from operations	18,492.66	22,665.73	77,252.44
3.	Other Income
	From Sale of Real Estate/Assets	7.80	35.87	57.73
	From Operations	41.40	48.89	240.97
4.	Provision no longer required written back	-	-	782.32
5.	Total Expenditure
(a)	(Increase) / Decrease in Stock-in-Trade	723.22	(1,875.88)	4,120.54
(b)	Consumption of Raw Materials	10,445.67	13,438.28	42,601.60
(c)	Staff Cost	1,758.36	1,974.96	7,045.97
(d)	Purchase of Finished Goods for resale	1,474.49	1,082.86	4,782.03
(e)	Other Expenditure	3,381.83	4,917.22	14,346.92
(f)	Provision - Others	-	-	643.57
6.	Profit / (Loss) before Depreciation, Interest, and Taxation	758.29	3,213.05	4,792.83
7.	Interest and Exchange fluctuation (Net)
(a)	Interest	1,277.69	1,038.94	4,033.90
(b)	Exchange Fluctuation	41.80	27.53	84.22
8.	Depreciation/ Amortisation(Net)	533.27	530.80	1,994.51
9.	Profit/(Loss) before tax	(1,094.47)	1,615.78	(1,319.80)
10.	Provision for Taxation
	-Current (including Wealth Tax)	2.75	449.51	27.38
	-Deferred Tax	113.04	(91.88)	(168.71)
	-Fringe Benefit Tax	21.40	40.00	164.43
11.	Net Profit / (Loss)	(1,231.66)	1,218.15	(1,342.90)
12.	Paid up Equity Share Capital Face Value : Rs.5/- per share.	3,634.36	3,612.36	3,634.36
13.	Reserves and Surplus (Excluding Revaluation Reserve)	-	-	47,024.20
14.	Earning Per Share (Basic ) Face Value Rs 5. (not annualised) Rs.	(1.69)	1.69	( 1.85)
15.	Earning Per Share (Diluted ) Face Value Rs 5. (not annualised) Rs.	( 1.69)	1.56	( 1.85)

Notes:

Geographical Segment –

Sales within India	Rs. 20,283.71 lakhs
Sales outside India	Rs. 596.38 lakhs

Investor Grievance Report -

No. of investor grievances pending at the beginning of the quarter	Nil
No. of investor grievances received during the quarter	5
No. of investor grievances replied/resolved during the quarter	5
No. of investor grievances pending at the end of the quarter	Nil

During the quarter, the Board of Directors has approved a Scheme of Amalgamation of its wholly owned subsidiary, Powercell Battery India Ltd., with the Company, effective April 1, 2007. Requisite approval of the shareholders and sanction of the Hon’ble High Court at Calcutta, of the said Scheme, is pending.

During the quarter, Rs. 551.95 lakhs, being 10% of the price of the underlying equity shares @ Rs. 95/- per share to the convertible warrants issued on a preferential basis earlier, since not converted, has been forfeited on the relevant date.

Figures of the previous periods have been regrouped/rearranged wherever considered necessary.

The above statement, which was subject to a limited review by the Statutory Auditors, was reviewed by the Audit Committee and taken on record by the Board of Directors of the Company at its meeting held on July 27, 2007.

Kolkata
July 27, 2007

EVEREADY INDUSTRIES INDIA LTD
Suvamoy Saha
Director

(Rs. Lakhs)

	Description	For the Quarter ended 30th June		For the Year ended 31st March
	Description	2007 Unaudited	2006 Unaudited	2007 Audited
1.	Gross Sales/Income from operations	20,733.33	25,021.08	95,352.50
	Less: Excise Duty	2,421.19	2,959.97	11,382.24
2.	Net Sales/Income from operations	18,312.14	22,061.11	83,970.26
3.	Other Income	50.57	87.77	1,152.67
4.	Total Expenditure	17,581.43	18,919.21	80,050.93
5.	Profit/(Loss) before Depreciation, Interest, and Taxation	781.28	3,229.67	5,072.00
6.	Interest and Exchange fluctuation (Net)	1,326.90	1,074.94	4,380.07
7.	Depreciation/ Amortisation(Net)	544.82	540.77	2,421.82
8.	Profit/(Loss) before tax	(1,090.44)	1,613.96	(1,729.89)
9.	Taxation	137.37	398.16	524.72
10.	Net Profit / (Loss)	(1,227.81)	1,215.80	(2,254.61)

Note:

The above additional information were noted by the Board of Directors at its meeting on July 27, 2007.

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•

Audited Financial Results for the Year Ended March 31, 2007

(Rs. Lakhs)

DESCRIPTION		NINE MONTHS ENDED 31^st DECEMBER	FOR THE 3 MONTHS ENDED 31^ST March		FOR THE YEAR ENDED 31^ST MARCH		CONSOLIDATED FOR THE YEAR ENDED 31^ST MARCH
DESCRIPTION		2006 UNAUDITED	2007 UNAUDITED	2006 UNAUDITED	2007 AUDITED	2006 AUDITED	2007 AUDITED	2006 AUDITED
1.	Gross Sales/Income from operations	68,935.80	18,450.89	19,197.39	87,386.69	82,715.92	95,352.49	84,899.70
	Less: Excise Duty	7,901.77	2,232.47	2,147.45	10,134.25	9,434.78	11,382.24	9,705.37
2.	Net Sales/Income from operations	61,034.03	16,218.42	17,049.94	77,252.44	73,281.14	83,970.25	75,194.33
3.	Other Income
	From Sale of Real Estate/Assets	44.28	13.45	5,423.38	57.73	7,664.11	57.73	7,664.11
	From Operations	96.50	144.47	(6.88)	240.97	206.18	312.62	165.35
4.	Provision no longer required written back		782.32	424.67	782.32	424.67	782.32	424.67
5.	Total Expenditure
(a)	(Increase) / Decrease in Stock-in-trade	1,192.38	2,928.16	(3,781.78)	4,120.54	(6,081.41)	4,020.59	(6,343.52)
(b)	Consumption of Raw Materials	34,384.94	8,216.67	13,610.34	42,601.60	45,623.54	46,603.20	47,395.86
(c)	Staff Cost	5,555.28	1,490.69	1,111.77	7,045.97	6,251.54	7,864.58	6,872.52
(d)	Purchase of Finished Goods for resale	3,702.83	1,079.20	859.53	4,782.03	3,999.01	4,855.32	3,913.05
(e)	Other Expenditure	11,193.48	3,153.44	3,556.05	14,346.92	14,643.00	16,077.95	14,225.27
(f)	Provisions-Others		643.57	400.00	643.57	400.00	643.57	400.00
6.	Profit/ (Loss) before Depreciation, Interest, and Taxation	5,145.90	(353.07)	7,135.20	4,792.83	16,740.42	5,057.71	16,985.28
7.	Interest and Exchange fluctuation (Net)
(a)	Interest	3,025.82	1,008.09	1,028.70	4,033.90	4,425.89	4,295.84	4,494.21
(b)	Exchange Fluctuation	90.84	(6.62)	(2.59)	84.22	534.58	84.22	534.58
8.	Depreciation / Amortisation (Net)	1,436.93	557.57	466.84	1,994.51	1,830.51	2,421.82	1,975.69
9.	Profit/(Loss) before tax	592.31	(1,912.11)	5,642.25	(1,319.80)	9,949.44	(1,744.17)	9,980.80
10.	Provision for Taxation
	-Current (including Wealth Tax)	552.45	(525.07	933.28	27.38	1,360.01	27.38	1,360.01
	-Deferred Tax	(82.08)	(86.63)	150.47	(168.71)	334.83	322.55	305.47
	-Fringe Benefit Tax	102.74	61.69	116.53	164.43	288.85	174.79	296.21
11.	Net Profit/(Loss)	19.20	(1,362.10)	4,441.97	(1,342.90)	7,965.75	(2,268.89)	8,019.11
12..	Paid up Equity Share Capital Face Value : Rs.5/- per share.	3,634.36	3,634.36	3,587.36	3,634.36	3,587.36	3,634.36	3,587.36
13.	Reserves and Surplus (Excluding Revaluation Reserve)				47,024.20	49,191.09	46,165.83	49,273.81
14.	Earning Per Share (Basic) Face Value Rs. 5 (not annualised) Rs.	0.03	(1.87)	6.19	(1.85)	13.04	(3.13)	13.12
15.	Earning Per Share (Diluted)Face Value Rs. 5 (not annualised) Rs.	0.02	(1.87)	5.66	(1.85)	12.35	(3.13)	12.44
16.	Aggregate of Public Share Holding
	Number of Shares	43199350	43193892	42080013	43193892	42080013	43193892	42080013
	Percentage of Share Holding	59.43	59.42	58.65	59.42	58.65	59.42	58.65

* Includes accounts of Powercell Battery India Limited which became a wholly owned subsidiary w.e.f. 23.11.2005

Notes:

The Company is engaged in the business of manufacture and sale of dry cell batteries, flashlights and packet tea as well as sale of mosquito coils which constitute a single business segment known as Fast Moving Consumer Goods (FMCG).

Geographical Segment –

	Stand Alone	Consolidated
Sales within India	Rs. 84,965.39 lakhs	Rs. 92,931.19 lakhs
Sales outside India	Rs. 2,421.30 lakhs	Rs. 2,421.30 lakhs

Investor Grievance Report -

No. of investor grievances pending at the beginning of the quarter	Nil
No. of investor grievances received during the quarter	4
No. of investor grievances replied/resolved during the quarter	4
No. of investor grievances pending at the end of the quarter	Nil

Trial proceedings before the Chief Judicial Magistrate, Bhopal, on the modified charges framed under the directions of the Supreme Court that commenced in September 1997, are yet to be concluded. As per advice of legal counsel, allegations against the Company are without any firm basis and the possibility of proceedings against the Company succeeding is extremely remote. Since the charges are very likely to fail, no provision is necessary at this stage.

During the year ended March 31, 2007, 9,40,000 equity shares were allotted on conversion of warrants and the share capital increased to Rs. 3,634.36 Lakhs.

Consequent to the early application of Accounting Standard 15 (revised 2005) “Employee Benefits” issued by the Institute of Chartered Accountants of India, all employee benefits have been determined as stipulated in the Standard and in accordance with the transitional provisions, the liability as at 1st April, 2006 has been recomputed and the difference with the liability existing as on 31st March, 2006 aggregating to Rs. 22.38 Lakhs (net of deferred tax asset of Rs 11.36 Lakhs ) has been adjusted to the General Reserve.

Figures of the previous periods have been regrouped/rearranged wherever considered necessary.

The above results was reviewed by the Audit Committee and approved by the Board of Directors of the Company at its meeting held on May 11, 2007.

Kolkata
May 11, 2007

EVEREADY INDUSTRIES INDIA LTD
Suvamoy Saha
Director

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