Eveready Industries Q1 Profit Rises 22% on Steady Revenue Growth

Research Analyst: UJVIN NEVATIA (PROPRIETOR: NEVAT INVESTMENTS) | SEBI Registration No.: INH100009628

reported a strong performance for the first quarter of FY27, with consolidated net profit rising 22.3% year-on-year to ₹36.97 crore from ₹30.23 crore in the corresponding quarter last year. Revenue from operations increased 9% to ₹407.71 crore, marking the company's seventh consecutive quarter of revenue growth. The company's total income grew 8.3% year-on-year to ₹407.97 crore, while total expenses increased 7.1% to ₹357.03 crore, primarily due to higher commodity and input costs. Despite inflationary pressures, Eveready maintained stable EBITDA margins, supported by healthy demand across its battery, flashlight, and lighting businesses. The company also commenced commercial production at its new alkaline battery manufacturing facility in Jammu, strengthening its manufacturing capabilities and product portfolio. Industry & Economic Impact: The results reflect steady demand in India's consumer goods and battery industry, with companies focusing on operational efficiency and capacity expansion to offset rising input costs. Stable margins despite commodity inflation indicate disciplined cost management and resilient consumer demand. From an economic perspective, continued investments in domestic manufacturing enhance production capacity, support employment, strengthen supply chains, and reduce dependence on imports. Growth in the consumer goods sector also contributes to manufacturing output and overall economic activity. Source: The Hindu No Recommendations