Eveready Industries posts Rs 31.92 cr profit in Q2

New Delhi, Oct 31 (PTI) Battery and flashlight maker Eveready Industries India Ltd on Saturday reported a consolidated net profit of Rs 31.92 crore for the September quarter of FY27, on a year-on-year basis.

     The company had posted a net loss of Rs 7.91 crore in the July-September period a year ago, according to a regulatory filing from the Burman family-promoted firm.

     Its revenue from operations increased 10.72 per cent to Rs 428.24 crore in the September quarter of FY27. It was at Rs 386.78 crore in the corresponding quarter in the year-ago period.

     The total expenses of Eveready Industries went up 11.93 per cent to Rs 391.54 crore in the September quarter.

     Eveready Industries' total income, which includes other income, was at Rs 431.5 crore, up 11.48 per cent in the September quarter.

     Chief Executive Officer Anirban Banerjee said, "Our eighth consecutive quarter of revenue growth reflects the strength of the business and gives us confidence in sustaining this progress. Alkaline batteries and rechargeable products remain important growth drivers, while portable Liquid vaporisers expand our mosquito protection portfolio, supported by the launch of the 'Unplug and use anywhere campaign'."

     "Our focus remains on strengthening the product portfolio, expanding market presence and driving sustainable growth," he said.

     It has also reduced its net debt, which was at Rs 153 crore on September 30, 2026. It was at Rs 164 crore at Q1 FY27.

     "Looking ahead, Eveready remains focused on scaling up the Alkaline portfolio, building adoption of liquid vaporisers, and other rechargeable products. Higher input costs remain a watchpoint. The company will continue to review pricing in line with input cost movements while progressing the Jammu facility ramp-up," it said.

(This story has not been edited by THE WEEK and is auto-generated from PTI)