Everest Industries Limited announced its unadjusted standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results in a meeting held on February 6, 2026. For the third quarter of FY26, the company reported a standalone net loss of ₹3,172.40 lakhs (₹31.72 crore), a significant increase from the ₹1,185.67 lakhs (₹11.86 crore) loss in the same quarter last year. Revenue from operations for the quarter declined to ₹26,883.42 lakhs (₹268.83 crore) from ₹36,743.26 lakhs (₹367.43 crore) in Q3FY25. On a consolidated basis, the net loss for the quarter widened to ₹3,797.85 lakhs (₹37.98 crore) compared to a loss of ₹1,547.54 lakhs (₹15.48 crore) in the corresponding quarter of the previous year. Consolidated revenue from operations also decreased to ₹28,295.34 lakhs (₹282.95 crore) from ₹37,102.90 lakhs (₹371.03 crore) year-on-year. For the nine-month period ended December 31, 2025, the standalone net loss was ₹3,664.71 lakhs (₹36.65 crore), compared to a loss of ₹132.45 lakhs (₹1.32 crore) in the same period last year. Consolidated net loss for the nine months stood at ₹5,451.60 lakhs (₹54.52 crore), a substantial increase from ₹1,124.29 lakhs (₹11.24 crore) in the prior year. The company also reported exceptional items during the period. These include an additional charge of ₹1,634.14 lakhs (₹16.34 crore) related to the implementation of new Labour Codes, a profit of ₹304.58 lakhs from the sale of office premises in Mumbai, and a profit of ₹383.93 lakhs from the sale of property in Noida during the nine months of FY25. The company's auditors, S R B C & Co. LLP, have issued an unmodified report on these results.
