Eveready Industries India Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The company reported consolidated revenue from operations of ₹367.2 crore for Q3 FY26, an increase of 10.1% compared to ₹333.5 crore in Q3 FY25. EBITDA saw a significant rise of 13.0% to ₹33.3 crore from ₹29.5 crore in the prior year period. This growth was primarily driven by the batteries business, which expanded by 11.1%, with alkaline batteries showing a remarkable 72% growth. The lighting business also contributed with a 10.5% increase. Profit after tax for the quarter stood at ₹7.5 crore, a decrease from ₹13.1 crore in Q3 FY25, largely due to a one-time exceptional charge of ₹9.4 crore related to the implementation of the new labor code. The company's net debt was reported at ₹317 crore, which includes ₹167 crore of Capex for the Alkaline Battery facility in Jammu. Anirban Banerjee, Chief Executive Officer, stated that Q3 FY26 marked another quarter of steady progress with sustained growth despite a challenging operating environment. He highlighted the strong performance of the batteries business, with alkaline market share reaching 19%, and mentioned calibrated pricing actions and effective hedging strategies to mitigate the impact of elevated zinc prices and currency volatility. Bibek Agarwala, Executive Director & Chief Financial Officer, added that the construction of the new alkaline battery manufacturing facility in Jammu is on track for completion by the end of the current fiscal year. The company has also initiated the divestment of its Noida land parcel to reduce debt and strengthen its balance sheet. Furthermore, the Board's approval of the company's first Employee Stock Options Plan was noted as a commitment to attracting, retaining, and motivating talent.
