Brands
Eveready reports higher income, stable nine-month profit
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.
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.
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.
Brands
Godrej clarifies ‘GI’ identifier after logo similarity debate
Says GI is not a logo, will not replace Godrej signature across products.
MUMBAI: In a branding storm where shapes did the talking, Godrej is now spelling things out. Godrej Industries Group (GIG) has issued a clarification on its newly introduced ‘GI’ identifier, addressing questions around its purpose and design following a wave of online criticism. At the centre of the debate were two concerns: whether the new mark replaces the long-standing Godrej logo, and whether its geometric design mirrors other corporate identities.
The company has drawn a clear line. The Godrej signature logo, it said, remains unchanged and continues to be the sole logo across all consumer-facing products and services. The ‘GI’ mark, by contrast, is not a logo but a corporate group identifier intended for use alongside the Godrej signature or company name, and aimed at stakeholders such as investors, media and talent rather than consumers.
The need for such a distinction stems from the 2024 restructuring of the broader Godrej Group into two separate business entities. With both continuing to operate under the same Godrej name and signature, the identifier is positioned as a way to differentiate the Godrej Industries Group at a corporate level.
The rollout, however, triggered a broader conversation on design originality. Critics pointed to similarities between the GI mark’s geometric composition and logos used by companies globally, raising questions about distinctiveness.
Responding to this, GIG said its intellectual property and legal review found that such overlaps are common in minimalist, geometry-led design systems. Basic forms such as circles and rectangles appear across dozens of brand identities worldwide, the company noted.
It added that the identifier emerged from an extensive design process and was chosen for its simplicity, allowing it to sit alongside the Godrej signature without competing visually. While acknowledging that elemental shapes may appear less distinctive in isolation, the group emphasised that the mark is part of a broader identity system that includes a custom typeface, sonic branding and other proprietary elements.
Following legal and ethical assessments, the company said it found no impediment to using the identifier, reiterating that the GI mark is a corporate tool not a consumer-facing symbol.
In short, the logo isn’t changing but the conversation around it certainly has.
