Shares of Eveready Industries declined more than 3% in early trade after the company reported its December quarter (Q3 FY26) results. The fall in the stock price came even as the company posted healthy growth in revenue and operating profit, with investor sentiment dampened by a sharp year-on-year decline in net profit.
Eveready Industries Q3 FY26 financial performance
For the December quarter, Eveready Industries reported consolidated revenue of ₹367 crore, marking a 10.1% increase compared with ₹334 crore in the same quarter last year.
EBITDA for the quarter rose 12.9% year-on-year to ₹33 crore, up from ₹29.2 crore in Q3 FY25. Operating performance also showed marginal improvement, with EBITDA margin expanding by 20 basis points to 9.0%, compared with 8.8% a year ago.
However, net profit for the quarter declined sharply. Eveready Industries reported a consolidated net profit of ₹7.5 crore, down 43.1% from ₹13.1 crore in the corresponding quarter last year. The steep fall in bottom-line performance appears to have overshadowed the improvement seen at the operating level, leading to negative market reaction.
Eveready Industries share price performance
The stock touched a low of ₹332.20 and a high of ₹346.60 during the session. It opened at ₹346.00, compared with the previous close of ₹345.40.
In the broader context, the stock remains well above its 52-week low of ₹272.30 but is still significantly below its 52-week high of ₹475.20, indicating volatility over the past year.