Eveready's Strategic Milestone: Driving Growth with India's Premier Alkaline Battery Facility
Eveready Industries reported a substantial profit increase in FY26, driven by battery and lighting segments. The commissioning of India's distinctive alkaline battery facility in Jammu marks a strategic advancement, anticipated to boost market presence and efficiency. The company aims for further growth with capacity expansions and operational enhancements in FY27.
Eveready Industries India Ltd demonstrated remarkable growth in the fourth quarter of FY26, recording a consolidated profit after tax (PAT) of Rs 141.8 crore, significantly increasing from Rs 10.4 crore in the corresponding period of the previous year.
The company's revenue from operations also rose by 9.4 percent to Rs 327.2 crore, driven by robust performance in the battery sector and notable growth in lighting. This promising financial performance showcases the company's strategic maneuvers and effective cost management during challenging economic circumstances.
Additionally, Eveready highlighted the strategic commissioning of an alkaline battery facility in Jammu, underlining their commitment to reducing import reliance and enhancing their footprint in the premium battery market.
(With inputs from agencies.)
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