Eveready Industries India Limited — Important, 05-02-2025: Updates

Eveready Industries India Ltd. has shared its financial results for the third quarter and nine months of FY25.

**Financial Highlights**: Total income from operations rose to Rs. 333.3 Cr, up 9.4% YoY, while for nine months, it reached Rs. 1,045.1 Cr, showing a 1.1% growth. Gross margin improved to Rs. 145.6 Cr (43.7% margin) for the quarter, with operating EBITDA at Rs. 29.2 Cr (8.8% margin), reflecting an 18.7% increase YoY. Profit after tax surged by 56.0% YoY to Rs. 13.1 Cr.

**Strategic Initiatives and Growth Drivers**: The growth is attributed to strong performance in both batteries and flashlights, with alkaline batteries capturing an 11% market share. The company is expanding its retail footprint and investing in a new alkaline battery production facility in Jammu, expected to be operational in FY26.

**Business Developments**: The new models in the flashlight segment saw an 18.9% sales increase, alongside a 4.4% growth in the lighting segment, driven by effective distribution strategies.

**Investor Implications**: Given the robust growth metrics and strategic investments, the outlook remains positive, supported by sustained market momentum and brand-building efforts.