Kolkata, August 8, 2026: Household battery and lighting manufacturer Eveready Industries has reported a 22% year-on-year rise in consolidated net profit to ₹37 crore. Revenues grew 9% during the same period to ₹407.7 crore, despite challenges with rising input costs.
The company has recently commenced production at its Jammu facility, India’s only alkaline battery facility. The plant is expected to support import substitution, manufacturing localisation and long-term cost and operating leverage.
Demand for its rechargeable LED flashlights has boosted per-unit realizations, helping mitigate the rising input costs for zinc, manganese dioxide and polymers. With a strong domestic market share of over 50% in the dry cell battery segment, the company is looking to expand domestic distribution across its rural and digital trade channels.
Financial Performance Snapshot
| Metric | Q1 FY27 (June 2026) | Q1 FY26 (June 2025) | YoY Change (%) |
| Revenue from Operations | ₹407.71 crore | ₹374.00 crore | +9.0% |
| Consolidated Net Profit | ₹36.96 crore | ₹30.30 crore | +22.0% |
| Key Operational Asset | Jammu Plant Operational | Under Construction | 456M Units Capacity |
“We continue to see healthy topline momentum across channels and key segments and expect this growth trajectory to continue. Commodity prices, input costs and currency movements remain key pressure points. We are closely monitoring macro developments and taking calibrated actions to protect profitability and maintain margin stability. At the same time, we remain focused on strengthening our product portfolio, expanding market presence and driving sustainable growth.” Anirban Banerjee, Chief Executive Officer at Eveready, said in a press release.
“Margins remained broadly stable despite inflation in zinc and other key inputs, supported by calibrated pricing, forex management and cost discipline. As the Jammu alkaline facility scales up, localization and operating leverage should support efficiency. We remain focused on cash generation and further strengthening the balance sheet.” Bibek Agarwala, Executive Director & Chief Financial Officer, added.
