Eveready Industries India Limited has informed the Exchange regarding Outcome of Board Meeting held on May 09, 2025.
EVEREADY · price
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Eveready Industries India reported FY25 audited results on May 9, 2025. Standalone revenue from operations rose modestly to Rs. 1,343.92 crores from Rs. 1,314.16 crores (up ~2.3%), while profit after tax jumped to Rs. 82.38 crores from Rs. 66.73 crores (up ~23.4%), pushing EPS to Rs. 11.33 from Rs. 9.18. The Board recommended a dividend of Rs. 1.50 per share (30% on face value of Rs. 5), totalling Rs. 10.90 crores, subject to shareholder approval. Statutory auditor Singhi & Co. issued an unmodified (clean) opinion on both standalone and consolidated results. The Board also appointed Mr. Anirban Banerjee (currently SVP & SBU Head – Batteries, Flashlights & Lighting) as the new CEO effective May 10, 2025, and named MKB & Associates as Secretarial Auditor for five years.
Profit growth has outpaced revenue growth, reflecting margin expansion and lower finance costs — a positive signal for shareholders, supported by a steady dividend. However, auditors flagged an Emphasis of Matter regarding a Rs. 171.55 crore CCI penalty (under appeal at NCLAT with stay granted), which remains a key overhang and is shown as a contingent liability with no provision made. The leadership transition to a new CEO is a near-term watchpoint.