Kolkata: Eveready Industries India Limited (BSE: 531508 | NSE: EVEREADY | CSE: 000029) announced its unaudited financial results for the quarter and nine months ended December 31 2025 on Thursday, reporting yet another quarter of revenue growth in Q3 FY26, marking the fifth consecutive quarter of growth.
Financial Highlights Q3 FY26:
- Consolidated revenue from operations stood at INR 367.2 crore (Q3 FY25: INR 333.5 crore), while EBITDA increased to INR 33.3 crore (Q3 FY25: INR 29.5 crore), driven by strong performance in the batteries business, which grew 11.1%, led by 72% growth in Alkaline batteries. The lighting business also witnessed a gradual recovery, registering 10.5% growth.
- Profit after tax stood at INR 7.5 crore (Q3 FY25: INR 13.1 crore), after factoring in a one-time exceptional charge of INR 9.4 crore related to the implementation of the new labour code.
- Net debt at INR 317 crores including INR 167 crores Capex for Alkaline Battery facility at Jammu
“Q3 FY26 marked another quarter of steady progress for Eveready, with growth sustained despite a challenging operating environment. The batteries business continued to anchor performance, with alkaline market share reaching the 19% milestone. Calibrated pricing actions and effective hedging strategies helped mitigate the impact of elevated zinc prices and currency volatility. While certain categories experienced near-term softness, our continued focus on portfolio upgradation, cost discipline, and execution consistency positions the Company well to benefit from improved operating leverage as demand conditions normalize.” – Chief Executive Officer – Anirban Banerjee.
“During the quarter, we continued to make steady progress across our key operational and financial priorities. Construction of our new alkaline battery manufacturing facility in Jammu on track for completion by the end of the current fiscal year, reinforcing our long-term growth platform. We have also initiated the divestment of our Noida land parcel as part of our focused efforts to reduce debt and strengthen balance-sheet resilience. Additionally, the Board’s approval of the Company’s first-ever Employee Stock Options Plan reflects our commitment to attracting, retaining, and motivating talent aligned with Eveready’s long-term value creation”. – Executive Director & Chief Financial Officer – Bibek Agarwala.
With a legacy of over 100 years, Eveready Industries India Limited (NSE Symbol: EVEREADY, BSE Scrip Code: 531508, CSE Scrip Code 000029) is a household name in batteries and flashlights, with emerging presence in lighting. Eveready products were first sold in India in 1905, which marked the beginning of the Eveready adventure. The Company, which was founded in 1934, quickly rose to the top of the dry cell battery market. It is a leading brand in enhancing people’s quality of life with innovative, transportable energy and lighting solutions.
With over 50% of the market share in India, Eveready has long become a name associated with batteries and a reliable leader in the sector. “Give Me Red” legendary brand campaign’s three words, became a well-known youth catchphrase 25 years ago, making advertising history in India. The Company’s manufacturing facilities are spread across 6 locations, namely Matia, Lucknow, Noida, Haridwar, Maddur and Kolkata, and they are equipped with globally benchmarked technology platforms and follow the best in-class operating standards, with relentless focus on quality (ISO 9000), environmental best practices (ISO 14000) and rapid adoption of technology. The Company has a Research and Development (R&D) facility which is approved by the Department of Scientific and Industrial Research (DSIR), Ministry of Science and Technology, Government of India.
