Eveready Industries reported a net profit of ₹31.92 crore for the second quarter of fiscal 2027, marking a turnaround from the loss in the same period last year. Revenue climbed 10.72 percent to ₹428.24 crore, supported by growth in alkaline batteries and mosquito vaporizers. The company also improved its balance sheet by reducing debt to ₹153 crore, even as it manages pressure from rising operational expenses.
Eveready Industries has reported a return to profitability for the quarter ending September 30, 2026. The battery and lighting manufacturer posted a net profit of ₹31.92 crore, a significant improvement from the net loss of ₹7.91 crore recorded during the corresponding period in the previous fiscal year. Revenue for the quarter reached ₹428.24 crore, representing a 10.72 percent increase compared to the ₹386.78 crore achieved a year earlier. This result marks the eighth consecutive quarter of revenue growth, indicating a steady expansion in the company's core business areas.
The improvement in revenue is largely attributed to the company’s strategic focus on high-growth segments. Demand for alkaline batteries and rechargeable products continues to provide stability to the revenue stream. Additionally, the company is actively expanding its presence in the portable mosquito vaporizer market, supported by increased marketing efforts. These categories are being positioned as the primary growth drivers.
Despite the rise in revenue, the company faced increased operational expenses, which grew by 11.93 percent to ₹391.54 crore during the quarter. This highlights the pressure that rising commodity prices and input costs can place on the company's bottom line. To mitigate this, management is monitoring commodity trends closely and reviewing pricing strategies to protect profit margins. Investors may watch how effectively the company balances these cost pressures against the need to maintain sales growth.
Financial health remains a core focus, with the company successfully reducing its net debt to ₹153 crore as of September 30, 2026, compared to ₹164 crore at the end of the previous quarter. The company is continuing to ramp up operations at its production facility in Jammu and is working toward the broader adoption of its newer, technology-driven product lines. The next phase for the company involves scaling these specific product portfolios while navigating potential volatility in input costs.