Eveready Q2FY19 revenue down by 4.5 per cent YoY

Eveready Industries India Limited reported its results for the quarter ended September 30, 2018 during market hours on Monday. The standalone numbers were largely negative due to impact on top line as well as on the operational front.

Eveready's standalone revenue for the quarter came in at Rs. 392.74 crore from Rs. 411.05 crore last year during the same period, registering 4.5 per cent yoy decline. EBITDA for the quarter fell by 15.9 per cent yoy to Rs. 50.38 crore with a corresponding margin contraction of 175 bps. EBITDA margin for the quarter stood at 12.8 per cent.

Net profit after taxes for the quarter came in at Rs. 24.66 crore which was Rs. 36.35 crore during the same quarter last year showing yoy decline of 32.2 per cent. PAT margin for the period stood at 6.27 which was 9 per cent YoY.

On Monday, the stock of Eveready closed at Rs. 188 per share which was down by 0.29 per cent from its last close on BSE. The BSE Sensex closed at 34,950, down by 61 points.