Eveready Industries India Limited has informed the Exchange that Board of Directors at its meeting held on May 09, 2025, recommended Final Dividend of Rs. 1.50 per equity share.
EVEREADY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Eveready Industries India's Board met on May 9, 2025 and approved audited financial results for Q4 and FY ended March 31, 2025. Standalone FY25 revenue from operations rose modestly to Rs. 1,343.92 crore (vs Rs. 1,314.16 crore in FY24), while profit after tax jumped to Rs. 82.38 crore (vs Rs. 66.73 crore), a growth of about 23%, and EPS rose to Rs. 11.33 (vs Rs. 9.18). The Board recommended a final dividend of Rs. 1.50 per share (30% on face value of Rs. 5), aggregating to Rs. 10.90 crore, subject to shareholder approval. Mr. Anirban Banerjee, currently Senior VP & SBU Head (Batteries, Flashlights & Lighting), was appointed as CEO effective May 10, 2025. The auditors (Singhi & Co.) issued an unmodified opinion but flagged an Emphasis of Matter regarding the Rs. 171.55 crore penalty levied by the Competition Commission of India (CCI), which is under appeal at NCLAT and shown as a contingent liability, not provided for in the books.
Positive earnings growth (~23% PAT rise) and a continued dividend payout signal operational strength, though the overhang of the Rs. 171.55 crore CCI penalty remains a key risk that could materially impact the company if the appeal fails. The internal CEO transition from a long-tenured business head is a continuity-positive move for shareholders.