Tuesday, November 3, 2026

Eveready Industries Q3: Profit dives 42%; revenue, EBITDA see double-digit growth

Date:

Eveready Industries posted a mixed set of earnings for Q3 of FY26 on Thursday, February 5, with net profit down 42.3% year-on-year to ₹7.5 crore. The same for the year-ago period was ₹13 crore.

Revenue for the quarter ended December 31 rose 10% year-on-year to ₹367.2 crore from ₹333.5 crore, indicating steady topline growth. Battery remained the biggest contributor to revenue with ₹252.1 crore, which is up 62% year-on-year. This is followed by lighting (₹89.5 crore) and flashlights (₹35.5 crore), up 24% and 9%, respectively, for the quarter.

The company said demand remained steady across urban, rural, and mobility-led applications driven by core portable power categories.

Operating performance also improved, with EBITDA increasing 13.4% year-on-year to ₹33 crore, against ₹29 crore in the corresponding quarter last year.

The EBITDA margin widened marginally to 9% during the quarter, compared with 8.7% YoY — a modest improvement of 30 basis points despite the sharp decline in net profit.

Also Read: Mazagon Dock Q3 profit rises 9% YoY; margins soften despite strong revenue growth

In a regulatory filing, the company claimed it sells 1.3 billion dry cell battery annually.

Shares of the company closed 4.19% higher at ₹345.40 apiece on the NSE on February 5.

Also Read: Bharti Airtel Q3 Results: Revenue and EBITDA grow QoQ as ARPU rises; profit softens

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Nvidia chief Jensen Huang reportedly targeted in Chinese spy plot | World News

By Jonathan Swan , Maggie Haberman , Ana Swanson...

Anup Bagchi takes charge at HDFC Bank: Can he close the gap with ICICI Bank?

When Anup Bagchi takes charge as MD and CEO...

RBI Bulletin says Indian economy remains resilient but global risks are rising

India’s economy remains resilient despite a worsening global backdrop,...

12 years of Make in India: What worked, what’s unfinished and what comes next

India has made visible gains in manufacturing over the...