Eveready Industries Reports Q Ended June 30, 2026 Results; Recognizes CCI Penalty and New Jammu Facility Launch
Eveready Industries India Ltd. has released its unaudited financial results for the quarter ended June 30, 2026, encompassing both standalone and consolidated performance. The results highlight the company's ongoing business operations in consumer goods while noting significant litigation regarding a penalty imposed by the Competition Commission of India (CCI).The Board of Directors reviewed these results at its meeting on August 8, 2026. Eveready Industries operates primarily within the marketing of dry cell batteries, rechargeable batteries, flashlights, and lighting products, constituting its consumer goods business segment.
Q Ended June 30, 2026 Financial Performance
The company reported key figures across both standalone and consolidated formats for the quarter ending June 30, 2026.Standalone Financial Results (Q ended June 30, 2026)
| Particulars | Q Ended 30th Jun'26 (Unaudited) | Q Ended 31st Mar'26 (Audited) | Q Ended 30th Jun'25 (Unaudited) | Year Ended 31st Mar'26 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 407.71 | 327.23 | 374.14 | 1,454.61 |
| Cost of Materials Consumed | 84.57 | 60.94 | 72.38 | 272.45 |
| Changes in Inventories (Net) | 47.19 | 46.95 | 45.71 | 183.19 |
| Total Expenses | 50.93 | 16.08 | 43.28 | 117.96 |
| Profit before exceptional items and tax | 50.93 | 118.78 | 36.21 | 166.53 |
| Current Income Tax | 13.97 | 62.13 | (0.35) | 80.39 |
| Other Comprehensive Income/(Loss) net of tax | 36.71 | 142.29 | 29.49 | 171.84 |
| Total Comprehensive Income | 36.34 | 36.34 | 36.34 | 36.34 |
Consolidated Financial Results (Q ended June 30, 2026)
| Particulars | Q Ended 30th Jun'26 (Unaudited) | Q Ended 31st Mar'26 (Audited) | Q Ended 30th Jun'25 (Unaudited) | Year Ended 31st Mar'26 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 407.97 | 327.87 | 376.56 | 1,459.10 |
| Expenses | - | - | 72.38 | 274.55 |
| Profit before exceptional items and tax | 36.25 | 166.85 | 6.37 | 166.85 |
| Current Income Tax | 13.97 | - | - | 80.39 |
| Other Comprehensive Income/(Loss) net of tax | 36.71 | 142.61 | 29.50 | 172.75 |
| Total Comprehensive Income | 36.97 | 141.76 | 30.23 | 171.53 |
Key Business Updates and Operational Developments
The company announced significant operational progress during the quarter. The alkaline battery manufacturing facility in Jammu commenced commercial production starting May 29, 2026, with an installed capacity of 456 Million alkaline batteries per annum.In terms of human capital development, the Nomination and Remuneration Committee approved the grant of 10,55,000 stock options to eligible employees under the Employee Stock Option Plan 2026 (ESOP 2026). The company recognized a share-based payment expense of 71.31 crores related to this grant during the quarter.
Penalty and Legal Contingencies
Both standalone and consolidated financial statements reflect a penalty imposed by the Competition Commission of India (CCI) for non-compliance with the Competition Act, 2002. The CCI had levied a penalty of Rs 171.55 Crores on the company/parent company.The company filed an appeal against this order with the National Company Law Appellate Tribunal (NCLAT), New Delhi, and NCLAT has granted stay on the penalty, subject to the deposit of 10% of the amount at the NCLAT Registry. As per legal advice, the amount cannot be reliably estimated due to the uncertainty of the future litigation outcome; consequently, no provision has been made for this penalty in the financial results.
The company also noted that it continues to hold leasehold rights over Plot B2 located at its Noida plant, which was part of an agreement for sale and transfer during FY 2025-26. The carrying value of the asset is reported as 76.09 crores under 'Assets held for sale,' while R44.09 crores (standalone) or 744.09 crores (consolidated) were received as an advance under the said sale agreement, presented as current liabilities.
EVEREADY Stock Price Movement
Shares of Eveready Industries India Limited slipped by 1.18% on Friday, closing at ₹356.80 after shedding ₹4.20 from the previous close. The stock saw a volume of 95,680 shares traded during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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