Brands
Eveready reports higher income, stable nine-month profit
MUMBAI: It appears Eveready Industries is far from running out of juice. On 5th February 2026, the battery behemoth announced a set of financial results that would make any investor’s eyes glow. From boardroom strategy to the factory floor, the company is re-energising its operations with a mix of property divestments and a brand-new perks package for its team.
The numbers tell a story of steady current rather than a sudden short circuit. For the quarter ending 31st December 2025, Eveready reported a standalone total income of Rs 367.31 crore, a healthy leap from the Rs 333.59 crore recorded in the same period the previous year. Revenue from operations alone stood at Rs 366.97 crore.
Looking at the nine-month stretch, the figures are even more illuminating. Total income climbed to Rs 1,130.40 crore, up from Rs 1,046.29 crore in 2024. While the profit for the quarter dipped slightly to Rs 7.36 crore compared to last year’s Rs 13.05 crore, the overall nine-month profit remains a solid Rs 29.49 crore.
In a move to streamline its assets, Eveready is offloading its leasehold rights for land and structures in Noida, Uttar Pradesh. The Board has greenlit the sale of its Sector 80 plots, B1 and B2, for a consideration expected to be no less than Rs 250 crore. This tactical disposal is slated to wrap up within six months, providing a significant cash injection without impacting daily operations.
It isn’t just the balance sheet getting a boost. The company is introducing the “Eveready Industries India Limited Employees Stock Option Plan 2026” (Esop 2026). Subject to shareholder approval, the plan offers up to 21,81,000 equity shares, ensuring that the people keeping the lights on have a real stake in the company’s future.
Of course, it isn’t all smooth sailing. The company is currently contesting a Rs 171.55 crore penalty from the Competition Commission of India (CCI). While the National Company Law Appellate Tribunal (Nclat) has stayed the fine, Eveready has already deposited 10 per cent of the amount as a precaution.
Additionally, new national Labour Codes have led to a one-time incremental liability of Rs 9.38 crore for employee benefits. There was also a notable ex-gratia payment of Rs 29.75 crore made to workmen upon separation earlier in the year.
Despite these hurdles, Eveready’s earnings per share (EPS) for the nine months stands at Rs 4.06, proving that even after decades in the game, this brand still has plenty of power left in the tank.