Eveready Industries India had a mixed set of results in Q3, revenue growth was steady but margins took a hit. In an interview to CNBC-TV18, Amritanshu Khaitan, MD of Eveready discussed the company's Q3 performance.

Entered into JV with Universal Wellbeing for FMCG business in India: Eveready Ind

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.

July sales have been encouraging, things will normalise by end of Q2: Eveready

Eveready Industries India posted a subdued set of earnings in Q1 as EBITDA margins were weak and battery volumes took a hit because of goods and services tax (GST). In an interview to CNBC-TV18, Amritanshu Khaitan, MD of Eveready India spoke about the results and his outlook for the company.

Will take price hikes in AA & AAA batteries: Eveready

In an interview to CNBC-TV18, Amritanshu Khaitan, MD of Eveready India spoke about the results and his outlook for the company. The company is in the process of implementing certain price hikes in AA and AAA categories to mitigate the cost pressure which has impacted margins in Q4, he said.

Battery volumes to grow by 3-4%, topline by 7-8%: Eveready India

Amritanshu Khaitan, MD of the company said flashlight and battery business was impacted due to demonetisation. However, both the businesses will show see huge growth in volumes in FY18.

LED biz growing; expect better topline growth by Q4: Eveready

"Because of better margins in the LED segment and better efficiencies in manufacturing, in the battery segment, the company has been able to post its highest ever operating margin in the recent few quarters", Amritanshu Khaitan, MD of Eveready India told CNBC-TV18.

Eveready hit by low volumes, LED product delays in Q1: MD

Amritanshu Khaitan, Managing Director of Eveready India, attributes to the flat topline growth in the first quarter to lower batter volumes and a revenue hit on account of some delays in commissioning of LED products.

Aim at doubling LED sales to Rs 250 cr in FY17: Eveready Ind

The company is planning a large capex for the battery business to the tune of Rs 100 crore and plan to set up a 400-million plant in Assam.

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.

Expect LED biz to go from 7% to 20% by next year: Eveready

In an interview with CNBC-TV18, Amritanshu Khaitan, MD of Eveready India, discussed the company's third quarter earnings and shared details about a government order in which it would supply seven million LED bulbs.

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."

Aim 11% margins, 15% growth for FY16: Eveready

The company reported a 49.9 percent jump in net profit at Rs 15.89 crore for Q1FY16 as against Rs 10.6 crore for the corresponding period last fiscal.

See 10-15% rev growth for FY16, no price hikes: Eveready

Currently the company is not looking at price increases at least upto July but will continue to watch raw material prices and currency movements, said Amritanshu Khaitan, ED, Eveready India.

See 10% EBITDA margins for FY15: Eveready India

Amritanshu Khaitan, ED, Eveready India is confident of seeing a double-digit growth number in FY16.

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.

See topline grow 10-15%, margins at 10% for FY15: Eveready

The small cap company is expecting its sales growth to increase to 13-15 percent in H2 FY15. ED Amritanshu Khaitan believes the growth is stable in battery segment with the AAA segment growing at 15-20 percent.

Eveready sees 10-15% revenue growth in FY15

Going forward into next financial year, Eveready seems very confident to keep growing the companies topline by 10-15 percent again next year and EBITDA expansion should also take place.

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.

Will maintain margins, improve sales to 15% in H2: Eveready

Eveready Industries' Amritanshu Khaitan is upbeat on the company's growth and hopes to maintain margins of 8 percent in H2FY14. Also, good monsoons and compulsory digitisation will further improve the growth of the company, he adds.

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.