Eveready’s shares closed the session down 3% at ₹310.55, marking an 18.25% decline over the past year as traders weighed the profit turnaround against margin pressure.
Revenue from operations rose 11% YoY to ₹428 cr, surpassing the ₹420 cr consensus estimate of analysts on the NSE. The jump was driven largely by the battery segment, which contributed 64% of total sales.
EBITDA climbed 3.6% to ₹50.7 cr, but the margin slipped to 12% from 13% a year earlier, reflecting higher raw‑material costs and currency swings, according to the company’s filing on SEBI.
Segmental breakdown shows flashlights at 14% of revenue and lighting at 22%, underscoring Eveready’s diversified product mix despite the margin squeeze. The company highlighted that rural demand moderated due to weak monsoon conditions while urban sales remained resilient.
No forward guidance was disclosed, but the company indicated that it will report Q3 results in December. Analysts are watching the next quarter for signs of cost‑control effectiveness and the impact of ongoing commodity price volatility on the battery business.