Connect with us

Brands

Eveready reports higher income, stable nine-month profit

Published

on

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.

Advertisement

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.

Advertisement

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.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Brands

Faber-Castell India appoints Sunaina Haldar as director – marketing

With stints at Tata, SleepyCat and ADF Foods under her belt, Haldar is primed to redraw Faber-Castell’s brand story

Published

on

MUMBAI: Faber-Castell India has poached Sunaina Haldar from ADF Foods, appointing her director – marketing as the German stationery brand looks to muscle up in a category that is rapidly reinventing itself around creativity and self-expression.

Haldar hit the ground running. “My first couple of weeks have been incredibly energising, understanding consumers, visiting markets, engaging with retailers and immersing myself into the world of Faber-Castell Group,” she said.

She arrives with considerable firepower. At ADF Foods, Haldar ran marketing across India and international markets for a portfolio spanning Ashoka, Aeroplane, Camel and ADF Soul. Before that, she was vice-president – marketing at direct-to-consumer mattress brand SleepyCat, where she helmed brand, content and performance marketing. Her résumé also includes a stint leading marketing, new product development and CRM for Tata SmartFoodz at Tata Consumer Products, no small proving ground.

Advertisement

Between corporate roles, Haldar also operated as a fractional CMO for early-stage startups, building marketing strategy and operational structures from scratch, a signal that she knows how to move fast with limited resources.

With 18 years straddling FMCG, D2C and the startup world, Haldar now takes the reins at a brand that has long owned the classroom but is clearly hungry for the living room. In a stationery market where the pencil has become a lifestyle statement, Faber-Castell has picked someone who knows exactly how to sell that story.

Advertisement
Continue Reading

Advertisement News18
Advertisement All three Media
Advertisement Whtasapp
Advertisement Year Enders

Copyright © 2026 Indian Television Dot Com PVT LTD

This will close in 10 seconds