We wish to inform you that the Board of Directors of the Company at its meeting held today i.e. May 26, 2026, has inter-alia, considered and approved Audited Standalone and Consolidated Financial Results of the Company for the quarter and year ended March 31, 2026, as recommended by the Audit Committee.Pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 ( Listing Regulations ), we are enclosing herewith the following documents:1. Audited Standalone and Consolidated Financial Results of the Company for the quarter and year ended March 31, 2026 along with Segment Wise Revenue, Results, Assets and Liabilities for the quarter and year ended March 31, 2026 and Statement of Assets and Liabilities as at March 31, 2026 and Statement of Cash Flows for the year ended March 31, 2026;2. Auditor s Reports on the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026 issued by M/s. S R B C & Co., LLP, Statutory Auditors of the Company.Final DividendThe Board at its meeting held today recommended a Final Dividend of Rs. 1.00/- per equity share of face value of Rs. 10/- each for the financial year ended March 31, 2026. The above dividend, if declared by the members of the Company at the ensuing Annual General Meeting will be paid within 30 days from the date of Annual General Meeting.
EVERESTIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Everest Industries reported a significant revenue decline for FY26 with standalone revenue falling to Rs. 1,35,424 lakhs from Rs. 1,70,702 lakhs in FY25 (approximately 21% decline). The company swung to a net loss of Rs. 10,017 lakhs compared to a profit of Rs. 1,435 lakhs in the previous year. Key exceptional items included a Rs. 2,870 lakh impairment loss on its wholly-owned subsidiary Everest Buildpro Private Limited and Rs. 1,634 lakh charge related to new Labour Codes. The Board recommended a final dividend of Rs. 1 per share (10% on face value). Statutory auditors SRBC & Co. LLP issued an unmodified (clean) opinion on both standalone and consolidated results. On a consolidated basis, the group reported revenue of Rs. 1,41,700 lakhs with a net loss of Rs. 9,896 lakhs.
The sharp revenue decline and substantial net loss are significant concerns for shareholders. However, positive operating cash flow of Rs. 10,959 lakh and the continuation of dividend payments provide some support. The clean auditor opinion indicates no going-concern doubts despite the losses.