Eveready Industries India is eyeing a 10-15% rise in top-line during current financial year (FY19), on the back of normal monsoon, demand traction and elimination of import of low-end batteries from China and South East Asian countries. The company is also expecting 30-35% growth in bottom-line, on better margins, cost saving measures, softer zinc prices, lowering losses from new businesses.
Eveready Industries India (formerly known as Union Carbide India) is engaged in the manufacture of dry cell batteries and flashlights. It also manufactures tea under the brands Tez, Jaago, Premium Gold and Classic and insect repellents under the brand Eveready Poweron. The company was founded in 1905 and is based in Kolkata, West Bengal.
