BSEBoard Meeting2d ago · 27 Jul 2026, 07:38 pm

We wish to inform you that the Board of Directors of the Company at its meeting held today, i.e. on July 27, 2026, has inter-alia, considered and approved Unaudited Standalone and Consolidated ....

Everest Industries Ltd · 508906

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Everest Industries Ltd's board meeting on July 27, 2026, considered and approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company has submitted the results along with limited review reports issued by statutory auditors S R B C & Co., LLP. The meeting concluded at 6:30 p.m. (IST).

Analysis Scores

Earnings Impact6/10
Growth Catalyst4/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment5/10

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Everest Industries Ltd - 508906 - Board Meeting Outcome for Outcome Of The Board Meeting And Unaudited Financial Results Of The Company For The Quarter Ended June 30, 2026

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July 27, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C/1, G Block Phiroze Jeejeebhoy Towers Bandra – Kurla Complex Dalal Street, Mumbai – 400 001. Bandra (E), Mumbai – 400 051 Scrip Code: 508906 Scrip Code: EVERESTIND Sub.: Outcome of the Board Meeting and Unaudited Financial Results of the Company for the quarter ended June 30, 2026 Dear Sir/Madam, We wish to inform you that the Board of Directors of the Company at its meeting held today, i.e. on July 27, 2026, has inter-alia, considered and approved Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2026, 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. 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, 2026. 2. Unaudited Standalone & Consolidated Financial Results of the Company for the quarter ended June 30, 2026 along with Segment-wise Revenue, Results, Assets and Liabilities for the quarter ended June 30, 2026; The meeting of the Board of Directors of the Company commenced at 4:00 p.m. (IST) and concluded at 6:30 p.m. (IST). This is for your information and records. Thanking you, Yours faithfully, For Everest Industries Limited Amruta Avasare Company Secretary & Compliance Officer Encl.: A/a Everest Industries Limited Registered Office: GAT No. 152, Lakhmapur, Everest Industries Limited Level 3, Tower 14, Solitaire Corporate Park, Chakala Taluka Dindori, Nashik-422 202, Maharashtra Andheri (E), Mumbai - 400093, India T +91 2557 250375 / 462 | F +91 2557 250376 Board No - 02269772000 Corporate Identity No. L74999MH1934PLC002093 I 2d1 Floor, ll1e Ruby 29 Senapati Bapat Marg SR BC & COLLP Dadar (West) Mumbai -400 028, India Chartered AccountanlS Tel: +91 22 6819 8000 Independent Auditor's Review Report on the Quarterly Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Everest Industries Limited I. We have reviewed the accompanying Statement of Unaudited Standalone Financial Results ofEverest Industries Limited (the "Company") for the quarter ended June 30, 2026 (the "Statement") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. The Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Company's Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, ·'Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('Ind AS') specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For S R B C & CO LLP Chartered Accountants ICAI Firm registration number: 324982E/E300003 per Vin-=ay:!.-a~,.__..,.;;,: Pa r . Membership No.: 101143 UDIN: 26101145TVKYLP..i Place: Mumbai Date: July 27, 2026 S RB C & CO LLP, a Limited L1abilil) Part11ership with LLP ldcntily No AAB-4318 Regd Office: 2'.!. Carnac Street, Block 'B', 3rd Floor,Kolkala-700 016 everest EVEREST INDUSTRIES LIMITED Registered Office: Gat No. 152, Lakhmapur, Taluka Dindori Nashik-422202 (Maharashtra) Tel +91 2557 250375/462, Fax +91 2557 250376, compofficer@everestind.com, www.everestind.com CIN No. L74999MH1934PLC002093 Statement of Unaudited Standalone Financial Results for the Quarter ended 30 June, 2026 (Rs in Lakhs) Quarter Quarter Quarter Previous SL. Particulars ended ended ended year No. ended 30.06.2026 31.03.2026 30.06.2025 31.03.2026 (Audited) (Unaudited) (Unaudited) (Audited) (See Note 2) 1. Revenue from operations 41,869.71 31,001.49 48,679.59 1,35,423.80 2. Other Income 506.93 723.29 575.40 2,169.10 3. Total Income 42,376.64 31,724.78 49,254.99 1,37,592.90 4. Expenses a) Cost of raw materials consumed 21,345.48 18,788.32 25,844.06 75,879.25 b) Purchase of stock-in-trade 204.86 (65.23) 152.49 409.87 cl (Increase)/ decrease in inventories of finished Qoods, stock-in-trade and work-in-progress 2,314.42 1,180.21 4,901.99 7,631.57 d) Employee benefits expense 3,410.29 3,754.59 3,722.06 15,075.63 e) Finance costs 371.35 714.09 441.37 2,182.25 f) Depreciation and amortisation expense 812.71 967.94 821.97 3,428.38 g) Other expenses 10,206.92 9,829.47 12,371.95 39,891.57 Total expenses 38,666.03 35,169.39 48,255.89 1,44,498.52 5. Profit/(loss) before exceptional items and tax 3,710.61 (3,444.61) 999.10 (6,905.62) 6. Exceptional items (Refer notes 3,4,5,6 and 7) 9,125.42 (2,870.00) - (4,199.56) 7. Profit/(loss) before tax 12,836.03 (6,314.61) 999.10 (11,105.18) 8. Tax expense a) Current tax 1,690.37 - 219.83 - b) Adjustment of tax relating to earlier periods - (32.05) - 30.03 c) Deferred tax 373.67 70.15 66.44 (1,117.79) Total tax expenses 2,064.04 38.10 286.27 (1,087.76) 9. Profit/(loss) for the PeriodNear 10,771.99 (6,352.71) 712.83 (10,017.42) 10. Other comprehensive income Items that will not be reclassified subsequently to the statement of profit or loss (a) Re-measurement gains on defined benefit plans 101.93 450.89 12.06 407.72 (b) Income tax effect (25.65) (113.50) (3.04) (102.63) 11. Total comprehensive income/(loss) for the period/year, net of tax 10,848.27 (6,015.32) 721.85 (9,712.33) 12. Paid up equity share capital (Face value Rs. 10/-each) 1,585.57 1,585.57 1,581.98 1,585.57 Other equity excluding revaluation reserves as per balance sheet of 13. 50,715.08 previous accounting year 14. Earnings per share -Basic (Rs.) (not annualised for the period) 67.94 (40.07) 4.51 (63.24) 15. Earnings per share -Diluted (Rs.) (not annualised for the period) 67.94 (40.07) 4.51 (63.24) SIGNED FOR IDENTIFICATION SR ~ & CO LLP MUMBAI Level 3. Tower 14 Solitaire Corporate Park Chakala, Registered Office: GAT No. 152, Lakhmapur, Andheri IE), Mumbai -400093, [Showing first 8,000 characters — download PDF for full document]