We wish to inform you that the Board of Directors of the Company at its meeting held today i.e. on August 4, 2025, has inter-alia, considered and approved Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2025, as recommended by the Audit Committee.Pursuant to Regulations 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), we are enclosing herewith the following documents:1. Unaudited Standalone Financial Results of the Company for the quarter ended June 30, 2025 along with Segment-wise Revenue, Results, Assets and Liabilities for the quarter ended June 30, 2025;2. Unaudited Consolidated Financial Results of the Company for the quarter ended June 30, 2025 along with Consolidated Segment-wise Revenue, Results, Assets and Liabilities for the quarter ended June 30, 2025;3. Limited Review Reports issued by M/s. S R B C & Co., LLP, Statutory Auditors of the Company on Unaudited Standalone & Consolidated Financial Results for the quarter ended June 30, 2025.The meeting of the Board of Directors of the Company commenced at 2:30 p.m. (IST) and concluded at 5:15 p.m. (IST).
EVERESTIND · price
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Everest Industries' Board approved unaudited standalone and consolidated results for Q1 FY26. Standalone revenue from operations fell to Rs. 48,679.59 lakhs from Rs. 52,109.80 lakhs in Q1 FY25, a decline of around 6.6%. Standalone profit after tax dropped sharply to Rs. 712.83 lakhs (from Rs. 1,902.57 lakhs, down about 63%), with EPS falling to Rs. 4.51 from Rs. 12.05. Consolidated numbers were even weaker, with profit after tax of just Rs. 163.46 lakhs versus Rs. 1,590.52 lakhs a year earlier, and EPS of Rs. 1.03 versus Rs. 10.07. The Steel Buildings segment swung to a standalone loss of Rs. 164.28 lakhs versus a profit of Rs. 1,078.96 lakhs in Q1 FY25, while Building Products profits also softened. The auditor (S R B C & Co LLP) issued an unmodified (clean) limited review report on both standalone and consolidated results.
Shareholders should note a sharp year-on-year fall in both revenue and profits, with consolidated earnings nearly wiped out due to weakness in the Steel Buildings segment. The numbers may weigh negatively on near-term stock sentiment, though the prior-year base was boosted by a one-time exceptional item (Noida property sale) and GST incentives, which makes the YoY decline look steeper than the underlying run-rate.