Eveready Industries India Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
April 26, 2024 at 06:06 am EDT
Share
Eveready Industries India Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 2,809 million compared to INR 2,861.7 million a year ago. Revenue was INR 2,805.2 million compared to INR 2,938.1 million a year ago. Net income was INR 80.5 million compared to net loss of INR 143.9 million a year ago. Basic earnings per share from continuing operations was INR 1.11 compared to basic loss per share from continuing operations of INR 1.98 a year ago. Diluted earnings per share from continuing operations was INR 1.11 compared to diluted loss per share from continuing operations of INR 1.98 a year ago.
For the full year, sales was INR 13,142.8 million compared to INR 13,277.3 million a year ago. Revenue was INR 13,171.7 million compared to INR 13,363.3 million a year ago. Net income was INR 667.6 million compared to INR 276.3 million a year ago.
Eveready Industries India Ltd. is engaged in the business of marketing of dry cell batteries, rechargeable batteries, flashlights, and lighting products. The Company's product portfolio includes dry cell and rechargeable batteries under the brand names Eveready, Eveready Ultima and PowerCell. It offers flashlights and lanterns under the brand names Eveready and PowerCell; light-emitting diode (LED) bulbs and luminaires under the brand names Eveready and PowerCell, and dry cell and rechargeable batteries under the brand names Eveready, PowerCell, Shakti and Uniross. The Companyâs products include zinc carbon batteries, alkaline batteries, trendy plastic torches, evergreen brass and aluminum torches, rechargeable torches, portable lanterns, LED bulbs, emergency LED, smart ambient lighting, LED panels, LED downlights, LED spotlights, LED battens, LED flood lights, LED streetlights, indoor commercial lighting, industrial lighting, and outdoor lighting.