Eveready Industries Q1 profit rises over 22% to ₹37 cr, revenue grows 9%
Eveready Industries reported a 22.3% increase in net profit for the June quarter, reaching ₹36.97 crore, alongside a 9% growth in revenue. Despite this growth, the company remains cautious about inflationary pressures and rising input costs.
Why it matters
The financial performance of major consumer goods companies serves as an indicator of broader market health and consumer spending trends.
Battery and flashlight maker Eveready Industries India Ltd on Saturday (A reported a 22.3% year-on-year increase in its consolidated net profit to ₹36.97 crore in the June quarter of FY27.
The company had posted a net profit of ₹30.23 crore in the April-June period a year ago, the Burman family-promoted firm said in a regulatory filing.
Its revenue from operations increased by 8.97% to ₹407.71 crore in the June quarter of FY27. It was at ₹374.14 crore in the corresponding quarter in the year-ago period.
This was the "seventh consecutive quarter of revenue growth, while maintaining stable EBITDA margins despite inflation in commodities and other input costs," said Eveready Industries in its earnings statement.
Expenses of Eveready Industries have gone up 7.13% to ₹357.03 crore in the reporting quarter.
Eveready Industries' total income in the latest June quarter was at ₹407.97 crore, up 8.34% year-on-year.
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