Everest Industries Reports Strong Quarterly Performance, Consolidating Profit at Rs 10,209.34 Lakhs
Everest Industries Limited announced its unaudited financial results for the quarter ended June 30, 2026, showing a healthy increase in profit across both consolidated and standalone operations. The company reported a total comprehensive income of Rs 10,295.72 lakhs for the quarter on a consolidated basis.The Consolidated Statement of Unaudited Financial Results reflected robust revenue generation, with Total Income reaching Rs 43,868.28 lakhs during the quarter ended June 30, 2026. The group managed expenses totaling Rs 40,720.84 lakhs. After accounting for exceptional items and tax, the company recorded a profit of Rs 10,209.34 lakhs for the period.
On a standalone basis, Everest Industries generated Total Income of Rs 42,376.64 lakhs for the quarter ended June 30, 2026. The company’s Total expenses were reported at Rs 38,666.03 lakhs, resulting in a Profit/(loss) for the Period standing at Rs 10,771.99 lakhs.
Financial Highlights: Q ended June 30, 2026 (In Lakhs)
The performance across both segments and operations provides a detailed view of the company's financial health, as presented below.Consolidated Unaudited Financial Results (Q ended 30.06.2026)
| Metric | Q ended 30.06.2026 | Q ended 31.03.2026 (Audited) | Q ended 30.06.2025 (Unaudited) | FY ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Revenue from Operations | 43,588.21 | 32,716.75 | 50,071.97 | 1,41,699.84 |
| Total Income | 43,868.28 | 33,180.98 | 50,401.32 | 1,42,842.23 |
| Total Expenses | 40,720.84 | 37,389.25 | 50,068.90 | 1,52,629.59 |
| Profit before exceptional items and tax | 3,147.44 | (4,208.27) | 332.42 | (9,787.36) |
| Exceptional Items | 9,127.78 | - | - | (1,364.26) |
| Profit before tax | 12,275.22 | (4,208.27) | 332.42 | (11,151.62) |
| Total Tax Expenses | 2,065.88 | 508.83 | 168.96 | (982.92) |
| Profit/(loss) for the Period | 10,209.34 | (4,717.10) | 163.46 | (10,168.70) |
Standalone Unaudited Financial Results (Q ended 30.06.2026)
| Metric | Q ended 30.06.2026 | Q ended 31.03.2026 (Audited) | Q ended 30.06.2025 (Unaudited) | FY ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Revenue from Operations | 41,869.71 | 31,001.49 | 48,679.59 | 1,35,423.80 |
| Total Income | 42,376.64 | 31,724.78 | 49,254.99 | 1,37,592.90 |
| Total Expenses | 38,666.03 | 35,169.39 | 48,255.89 | 1,44,498.52 |
| Profit before exceptional items and tax | 3,710.61 | (3,444.61) | 999.10 | (6,905.62) |
| Exceptional Items | 9,125.42 | (2,870.00) | - | (4,199.56) |
| Profit before tax | 12,836.03 | (6,314.61) | 999.10 | (11,105.18) |
| Total Tax Expenses | 2,064.04 | 38.10 | 286.27 | (1,087.76) |
| Profit/(loss) for the Period | 10,771.99 | (6,352.71) | 712.83 | (10,017.42) |
Operational Updates and Exceptional Items
The financial results included significant items recorded during the quarter, including property sales and impairment charges:- Property Sale: The Group reported a profit of Rs 9,615.42 lakhs from the sale of its property in Podanur, which was classified as an exceptional item in the results.
- Impairment Charges (Standalone): A total of Rs 2,870.00 lakhs was recognized as an impairment loss related to Everest Buildpro Pvt Ltd., covering both investment and the inter corporate deposit granted by the Company to the subsidiary.
- CAPEX Withdrawal (Consolidated): Following a re-assessment of business considerations by the Board of Directors of wholly owned subsidiary, Everest Buildpro Private Limited, the Group recognized provisions aggregating Rs 125.00 lakhs after deciding to withdraw a CAPEX plan for setting up a new Fibre Cement Boards plant.
- Labour Code Impact: The Group recognized an additional charge of Rs 1,668.84 lakhs pertaining to gratuity due to the implementation of various Labour Codes notified by the Government of India in November 2025.
Segment Performance (Q ended June 30, 2026)
The segment-wise performance reflects operational activity across different business areas. The data is presented below:Consolidated Segment Results (Q ended 30.06.2026)
| Segment | Revenue | Profit/(loss) before tax and finance costs | Finance Costs / Other Unallocable Expenditure | Profit before exceptional items and tax |
|---|---|---|---|---|
| Building Products | 37,362.41 | 5,533.39 | 1,509.00 | 3,147.44 |
| Steel Buildings | (6,225.80) | (314.64) | - | - |
| Total | 43,588.21 | 5,218.75 | 2,149.31 | 3,147.44 |
Standalone Segment Results (Q ended 30.06.2026)
| Segment | Revenue | Profit/(loss) before tax and finance costs | Finance Costs / Other Unallocable Expenditure | Profit before exceptional items and tax |
|---|---|---|---|---|
| Building Products | 35,643.91 | 5,671.69 | 1,279.56 | 3,710.61 |
| Steel Buildings | (6,225.80) | (310.17) | - | - |
| Total | 41,869.71 | 5,361.52 | 1,501.35 | 3,710.61 |
EVERESTIND Stock Price Movement
On Monday, Everest Industries Limited shares edged higher, closing at ₹540.65 after gaining 4.15% from the previous close. The equity saw a total traded volume of 21,906 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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