Eveready Industries India Limited has announced its Q3FY26 financial results, demonstrating sustained growth momentum with the fifth consecutive quarter of revenue expansion. The consumer goods manufacturer reported consolidated revenue growth of 10.1% alongside improved EBITDA performance, though net profitability faced pressure due to exceptional charges.

Financial Performance Overview

The company's Q3FY26 results showcase continued operational strength with both revenue and EBITDA registering double-digit growth. The performance was anchored by strong growth in the batteries business, particularly alkaline batteries, while the lighting segment showed gradual recovery.

Business Segment Performance

The batteries business emerged as the primary growth driver, registering 11.1% growth led by exceptional performance in alkaline batteries which surged 72%. This strong performance helped the company achieve a 19% market share milestone in the alkaline segment. The lighting business also contributed positively with 10.5% growth, indicating gradual recovery in this segment.

Profitability and Exceptional Items

Despite robust operational performance, profit after tax declined to ₹7.5 crore from ₹13.1 crore in Q3FY25. This decrease was primarily attributed to a one-time exceptional charge of ₹9.4 crore related to the implementation of new labour code regulations. Excluding this exceptional item, the underlying profitability would have shown a different trajectory.

Strategic Initiatives and Debt Management

The company is progressing with its alkaline battery manufacturing facility construction in Jammu, scheduled for completion by the end of the current fiscal year. As part of debt reduction efforts, Eveready has initiated the divestment of its Noida land parcel. The company's net debt stands at ₹317 crore, including ₹167 crore invested in capex for the Jammu alkaline battery facility.

Management Commentary and Outlook

CEO Anirban Banerjee highlighted the company's resilience despite challenging operating conditions, noting effective pricing strategies and hedging mechanisms to counter elevated zinc prices and currency volatility. Executive Director & CFO Bibek Agarwala emphasized the board's approval of the company's first Employee Stock Options Plan, reflecting commitment to talent retention and long-term value creation.

Eveready industries India Limited has announced a board meeting scheduled for February 5, 2026, to consider the company's quarterly financial performance. The meeting will focus on approving unaudited financial results for the quarter and nine months ended December 31, 2025, in accordance with regulatory requirements.

Board Meeting Details

The company has formally notified stock exchanges about the upcoming board meeting through an official communication dated January 28, 2026. The meeting agenda includes consideration and approval of both standalone and consolidated unaudited financial results under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window Restrictions

In compliance with insider trading regulations, Eveready Industries has implemented trading restrictions for designated persons. The company's Code of Conduct to Regulate, Monitor and Report Trading by Insiders, adopted under SEBI (Prohibition of Insider Trading) Regulations, 2015, mandates specific trading window closures.

The trading window for dealing in company securities will remain closed for designated persons and their immediate relatives until 48 hours after the declaration of the financial results. This measure ensures compliance with insider trading prevention protocols and maintains market integrity.

Regulatory Compliance

The company has notified all relevant stock exchanges about the board meeting, including the National Stock Exchange of India Limited, BSE Limited, and The Calcutta Stock Exchange Limited. This notification demonstrates Eveready Industries' commitment to maintaining transparency and adhering to regulatory disclosure requirements.

The formal communication was signed by Company Secretary Shampa Ghosh Ray on January 28, 2026, ensuring proper documentation and regulatory compliance for the upcoming financial results announcement.