Eveready Industries India

Eveready PAT dips 52% to Rs 15 cr on non-cash charge of unamortised fees

Company says the charge will even out for the full year; revenue up 5% to Rs 376 cr

Eveready Industries reports 27.5% fall in Q1 net profit at Rs 22 cr

Battery and flashlights maker Eveready Industries India Ltd on Monday reported a decline of 27.48 per cent in its consolidated net profit at Rs 21.85 crore for the quarter ended June 30, 2022. The company had posted a net profit of Rs 30.13 crore in the April-June period a year ago, Eveready Industries said in a regulatory filing. Its revenue from operations was up 18.87 per cent to Rs 335.38 crore during the quarter under review as against Rs 282.14 crore in the year-ago period. Eveready Industries, in which the Burman family were classified as promoters last month, reported total expenses of Rs 310.50 crore in Q1 FY 2022-23, up 27.16 per cent from Rs 244.17 crore earlier. Shares of Eveready Industries India Ltd on Monday were trading at Rs 345.50 on BSE, up 8.90 per cent from the previous close.

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Eveready set to transform with growth & governance-driven roadmap, says MD

The company has chalked out improvement plans for each of its business categories and separate business unit teams are working on the plans

Burmans to pay out shareholders, induct directors on Eveready board by July

On Thursday, the open offer in Eveready by Burman entities closed with the Burmans acquiring 14.3% shares. The total holding of the in the company now stands at 38.3%

In midst of transformation; addressing weaknesses in ops: Eveready MD

Eveready Industries India Ltd is in the "midst of a transformation" of its business and has taken steps to address areas of weaknesses in its operations and the product portfolio

Promoter status in Eveready hinges on completion of 'open offer': Burmans

The promoter status for Burman family in Eveready Industries, in which it is vying to acquire an additional 26 per cent stake through a Rs 607-crore open offer, hinges on the nod by SEBI

Eveready Industries posts Rs 38.41 crore net loss in March quarter

The company had posted a net loss of Rs 442.53 crore in the January-March period a year ago, it said in a regulatory filing

Burmans scale up holding to 20.07% in Eveready via open market purchases

A disclosure to the stock exchanges on Monday showed 88,683 shares translating to 0.12 per cent were bought on April 13 by Burman Group entities

Eveready names Suvamoy Saha as MD for three years, Burmans hail decision

Move follows Amritanshu Khaitan's resignation; Saha has been around for long. Prior to being made Jt MD in August, he was a whole-time director of the firm

Khaitans step down from Eveready board after Burman Group open offer

For the first time, Khaitans won't be represented on firm's board since they acquired Union Carbide India in 1993 and renamed it Eveready Industries India. But they will continue to hold 4.84% stake

Burmans to appoint 'key management people' in Eveready post open offer

We plan to clean the company and run it in a professional manner: Mohit Burman

Burmans step in to take control of Eveready, announce open offer

Company needs direction and the brand has immense potential: Mohit Burman

After two decades, Khaitans may give up driver's seat in Eveready

A source says Amritanshu Khaitan is unlikely to seek reappointment as firm's MD. Khaitan declined to comment

Eveready Industries PBT rises 234% to Rs 30.29 crore in June quarter

Eveready's Q1 PBT rises 234% on upward price revision, better product mix

A white knight galvanises Eveready as company fights mounting debt

The Burmans of Dabur become the biggest shareholder in India's largest dry cell battery maker as the Kolkata-based promoters struggle to ring-fence their tea-to-engineering group

Eveready not under stress, working to revive profitability: Khaitan

Eveready managing director, Amritanshu Khaitan did not confirm a deal with Duracell but said that the company continues to look at opportunities and discuss various joint ventures or strategic tie-ups

Eveready's plan to sell battery business to pare debt tied in legal knots

Battery division sell-off may be delayed

Eveready Industries sells Hyderabad land to Nuland Tech to reduce debt

Production in this factory at Moula Ali Industrial Development Area in Hyderabad had stopped in 2010 owing to economic unviability

Eveready Industries rallies 18% on reports of promoter stake sale plan

The stock rallied 18% to Rs 214 on the BSE in early morning trade on back of heavy volumes.