Eveready Industries India has tied up with a very large conglomerate from Indonesia, Wings Group, which is one of the largest fast moving consumer goods (FMCG) players in Indonesia. Through their entity Universal Wellbeing, Eveready is forming a joint venture (JV) for marketing and distribution of a large basket of FMCG products into India.

Confectionery segment to add around Rs 150 cr to revenues over FY19-FY20: Eveready

Introduction of confectionery was to utilise the full potential of distribution chain and the deep rural reach, said Amritanshu Khaitan, MD, Eveready India.

Eveready to rejig packaged tea biz, aims at 4-5x growth

Eveready India has decided to look at various options to reorganise its business in order to promote its packaged tea business, said the company MD Amritanshu Khaitan.

LED biz sales may triple to Rs 300-400 cr in FY17: Eveready Ind

Eveready Industries MD, Amritanshu Khaitan pointed out that FY16 volumes for Eveready will remain flat due to Chinese dumping. He expects the industry to see double digit growth in the coming year if the planned anti-dumping duty is strictly imposed.

Hiking battery prices due to weak rupee: Eveready Ind

On the back of this, Amritanshu Khaitan, MD, Eveready Industries India expects 11 percent margins in second half this year.

LED biz to become main revenue generator in 5 yrs: Eveready

In an interview with CNBC-TV18, Amritanshu Khaitan, Managing Director (MD) of Eveready India says that low prices and government initiatives will lead to growth in the LED business.

Premium range batteries less price sensitive: Eveready

Amritanshu Khaitan, MD of Eveready, says: "The premium range is less price sensitive and we felt that for the last one year, we have not taken price increases, our volumes have seen growth and overall business is quite stable."

Eveready hikes battery prices; to grow 10-15% in FY15: ED

The dry cell batteries major has taken a hike of over 20 percent in batteries over the past 18 months.

To spend Rs 40-50 cr for brand building in FY16: Eveready

The company will be investing significantly into brand building of Eveready to the tune of Rs 40-50 crore in FY16 with major focus on showcasing lighting business led by LEDs rather than under battery business, says Amritanshu Khaitan.

Eveready hikes prices; hopes to post full-yr profit growth

For the current October-December quarter, Amritanshu Khaitan, ED of Eveready Industries expects volumes to remain flat because of the price increase. On the positive side, he feels input cost will come down now that rupee has stabilised at around 62-63/ USD from 64-65/ USD levels.

Battery prices up by 3-10%, see FY14 margin at 8%: Eveready

According to Amritanshu Khaitan, Eveready Industries is likely to maintain margins at around 8 percent for the full year. The company recently increased its battery prices to battle cost pressures due to rupee depreciation.

Price hike not to affect demand: Eveready India

After announcing an initial price hike, Amritanshu Khaitan, ED, Eveready India says the company will now adopt a wait and watch approach and see how margins and the rupee behaves, and then take a call on further price hikes.

Likely to pass on battery price hike to consumers: Eveready

In an interview to CNBC-TV18, Amritanshu Khaitan, ED, Eveready India says, even though historically January to March has always been a lean quarter, the car battery manufacturer expects profits and sales growth in Q4 of FY13 to be better than that Q4 of FY12.

May pass 4-5% price hike to consumers in 4 months: Eveready

In an interveiw to CNBC-TV18, Amritanshu Khaitan, ED of Eveready India said, they are diversifying into newer products to increase revenue stream. "We will use this product launch as a strategy to revitalise and reenergise the brand, which has been a very strong pan India brand for the last 100 years, " he added.

Better choice to develop land with McNally Bharat: Eveready

Eveready has been running up on expectations of a land deal, but Deepak Khaitan, executive vice chairman, Eveready India says it is not on the cards yet.

Will hike prices to recover FX, input cost losses: Eveready

Eveready Industries had indicated to sell its 25 acre Hyderabad based land. Last quarter wasn’t great for Eveready; primarily it was on account of high raw material cost, foreign exchange devaluation.

Eveready Ind to sell land for Rs 250-275cr to be debt free

Deepak Khaitan, executive vice president at Eveready Industries India, tells CNBC-TV18 that proceeds from land sale will help bring down debt; however, the company is not in a hurry to sell land.