| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 333.50 | 8.0% |
| Total Income | 333.80 | 8.1% |
| Expenditure | 317.87 | 3.2% |
| PBT | 15.93 | 54.5% |
| Net Profit | 13.10 | 55.7% |
| OPM | 0.61% | 5.16pp |
| NPM | 3.92% | 4.22pp |
| EPS | 1.80 | 55.8% |
Eveready Industries India Ltd. Reports 9.4% Revenue Growth in Q3 FY25, Achieves 11% Market Share in Alkaline Batteries
05 Feb 2025 · 5 Feb 2025, 08:13 pm
Summary
Eveready Industries India Ltd. has announced its financial results for the third quarter and nine-months ended December 31, 2024. The company reported a 9.4% growth in total income from operations and an 11% market share in alkaline batteries. The growth was primarily driven by robust performance in batteries and flashlights, with alkaline batteries and rechargeable flashlights delivering strong momentum. The lighting segment saw moderation due to continued value erosion and competitive activity. Despite high raw material costs and adverse foreign exchange movements, the company delivered strong EBITDA performance and higher profit after tax.
Key Highlights
- 1
Revenue growth of 9.4% in Q3 FY25
- 2
Achieved 11% market share in Alkaline Batteries
- 3
Strong performance in Batteries and Flashlights
- 4
Moderation in the Lighting segment
- 5
Higher profit after tax of 56.0% Y-o-Y
Management Comments
Mr. Suvamoy Saha
Managing Director at Eveready Industries India Ltd.
This quarter, as we continue our journey of driving efficiencies in distribution and we achieved 9.4% revenue growth, driven by healthy recovery of Zinc batteries and robust traction in alkaline batteries (11% market share in Q3 FY25 vs. 6%+ in Q3 FY24), sustained momentum in rechargeable flashlights, and contributions from newly launched products. Despite facing challenges such as raw material price volatility and foreign exchange fluctuations, we delivered strong profitability in Q3 FY 25, with EBITDA and PAT improving by 18.7% and 56.0% year-over-year, respectively. This performance was supported by continued investments in brand building through strategic advertising campaigns across electronic, print, and below-the-line channels.
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