Standalone Financial Performance (₹ Crores)
Quarter Ended June 30, 2026:
- Total Income: ₹407.94
- Total Expenses: ₹357.01
- Profit Before Tax: ₹50.93
- Tax Expense: ₹13.97
- Profit for the Period: ₹36.96
- Other Comprehensive Income: (₹0.25)
- Total Comprehensive Income: ₹36.71
- Basic EPS: ₹5.08
- Diluted EPS: ₹5.08
Comparative Figures (Quarter Ended June 30, 2025):
- Total Income: ₹327.82
- Total Expenses: ₹311.74
- Profit Before Tax: ₹118.78 (after exceptional items)
- Tax Expense: ₹(22.96)
- Profit for the Period: ₹141.74
- Basic EPS: ₹19.50
- Diluted EPS: ₹19.50
Consolidated Financial Performance (₹ Crores)
Quarter Ended June 30, 2026:
- Total Income: ₹407.97
- Total Expenses: ₹357.03
- Profit Before Tax: ₹50.94
- Tax Expense: ₹13.97
- Profit for the Period: ₹36.97
- Total Comprehensive Income: ₹36.71
- Basic EPS: ₹5.09
- Diluted EPS: ₹5.09
Key Operational Highlights
1. Competition Commission Penalty: The CCI imposed a penalty of ₹171.55 crores via order dated April 19, 2018 for contravention of Competition Act, 2002. The company has appealed to NCLAT which granted stay subject to deposit of 10% penalty amount (already deposited). No provision made as amount cannot be reliably estimated.
2. Asset Sale: Company holds leasehold rights for Plot B2 at Noida plant (carrying value: ₹6.09 crores) classified as 'Assets held for sale'. Advance of ₹44.09 crores received under sale agreement continues as current liability.
3. Battery Waste Management Rules: Company working on EPR compliance for non-rechargeable portable batteries from FY 2025-26. Financial impact cannot be reliably estimated pending regulatory clarity.
4. New Facility: Commenced commercial production at Jammu alkaline battery manufacturing facility on May 29, 2026 with installed capacity of 456 million batteries per annum.
5. ESOP Grants: Nomination and Remuneration Committee approved grant of 10,55,000 stock options under ESOP 2026. Recognized share-based payment expense of ₹1.31 crores during the quarter.
Subsidiary Information
Consolidated results include:
- Greendale India Limited
- Everspark Hongkong Private Limited
The foreign subsidiary (Everspark Hongkong) contributed revenue of ₹0.02 crore and net profit of ₹0.01 crore for the quarter.
Auditor Review
Singhi & Co. conducted limited review and issued unmodified conclusion. Figures for quarter ended March 31, 2026 are balancing figures between audited annual figures and published YTD figures.
Capital Structure
Paid-up Equity Share Capital: ₹36.34 crores (Face Value: ₹5 per share)