Everest Industries posts half-year loss as income declines

For the half-year ended September 30, 2025, Everest Industries reported a standalone total income of INR 78,538.73 lakhs, down from INR 90,593.85 lakhs in the previous year. The company recorded a standalone net loss of INR 492.31 lakhs for the period, contrasting with a profit of INR 1,053.22 lakhs in the prior year. Total assets stood at INR 1,21,141.95 lakhs as of September 30, 2025, a slight decrease from INR 1,22,342.73 lakhs on March 31, 2025.

On a consolidated basis, the company’s total income for the half-year reached INR 81,181.65 lakhs, compared to INR 90,604.97 lakhs in the previous year. Consolidated net loss for the period was INR 1,653.74 lakhs, a notable shift from the previous year's profit of INR 423.24 lakhs. Consolidated total assets were reported at INR 1,30,266.66 lakhs as of September 30, 2025.

The board also approved the sale of excess land in Tamil Nadu and office premises in Mumbai, classifying these assets as held for sale as of September 30, 2025. The results were reviewed by the audit committee and approved by the board of directors on October 29, 2025.