Eveready Industries India Limited reported consolidated revenue from operations of ₹428.2 crore for the second quarter of FY27, an increase of 10.7% from ₹386.8 crore in the corresponding quarter last year. The company recorded its eighth consecutive quarter of year-on-year revenue growth, while maintaining EBITDA margins at 12.6% despite higher input costs and subdued seasonal demand.
EBITDA for Q2 FY27 stood at ₹53.8 crore, compared with ₹49.4 crore in Q2 FY26. Profit after tax (PAT) was ₹31.9 crore, against a loss of ₹7.9 crore in the year-ago quarter, which included an exceptional loss of ₹37.7 crore. For the first half of FY27, consolidated revenue increased 9.9% year on year to ₹836 crore. PAT rose 209% to ₹68.9 crore. The company said commodity hedging and calibrated pricing measures helped manage the impact of higher zinc prices and other cost pressures. Lower-than-normal rainfall affected seasonal demand during the quarter.
The battery segment recorded 9.1% value growth. Alkaline batteries continued to lead the segment’s performance, with value growth of 36.5% and volume growth of 30%. Eveready’s Jammu alkaline battery facility, which began commercial production in May 2026, is supporting its manufacturing localisation plans and expansion of the alkaline portfolio.
The flashlight segment grew 17.3%, with rechargeable products recording 33.2% growth. Lighting revenue increased 10.4%, led by a 26.3% rise in emergency LED bulbs. Electrical accessories also continued to contribute to growth. During the quarter, Eveready expanded its product range with SHOR, a torch featuring an animal alarm for farm protection, and Xtra Bright emergency LED bulbs offering twice the brightness of other emergency bulbs, according to the company. Its mosquito racquets also performed well. The company is expanding its homecare portfolio with a portable, rechargeable liquid mosquito vaporiser.
E-commerce and quick-commerce channels recorded growth of more than 50% year on year. Anirban Banerjee, Chief Executive Officer, said alkaline batteries and rechargeable products remained important growth drivers, while portable liquid vaporizers were expanding the company’s mosquito protection range.
Bibek Agarwala, Executive Director and Chief Financial Officer, said the company would focus on profitable growth, working capital management and balance-sheet strength. Net debt stood at ₹153 crore on September 30, 2026, compared with ₹164 crore at the end of Q1 FY27. The registration and transfer of Plot B2 of the Noida property was completed on October 13, 2026, after the reporting date.
Eveready Industries India Limited has a presence in dry cell batteries, flashlights, lighting and other consumer categories. Its products were first sold in India in 1905, and the company was established in 1934. Its manufacturing facilities are located at Matia, Lucknow, Haridwar, Maddur, Kolkata and Jammu. The company’s research and development facility is approved by the Department of Scientific and Industrial Research, Ministry of Science and Technology, Government of India.
