Eveready Industries India Q1 net profit increases 18.1% to Rs 29.36 crore, despite 3.9% revenue dip to Rs 349.37 crore.

Eveready Industries India reports 18.1% increase in Q1 net profit to Rs 29.36 crore, up from Rs 24.86 crore in Q1 2023. Despite a 3.9% dip in revenue to Rs 349.37 crore, EBITDA and PAT grow by 13.6% and 18.1% respectively. Key drivers include premiumisation in Alkaline category, improved flashlight seasonality, and stable lighting performance with focus on innovation and professional lighting.

August 03, 2024
3 Articles