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Everest Industries reports consolidated net loss of Rs 6 crore in Q2FY24

13 Nov 2023 Evaluate

Everest Industries has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported net loss of Rs 3.67 crore for the quarter under review as against net profit of Rs 3.26 crore for the same quarter in the previous year. Total income of the company decreased by 10.90% at Rs 324.41 crore for Q2FY24 as compared to Rs 364.10 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported net loss of Rs 5.84 crore for Q2FY24 as against net profit of Rs 3.23 crore for the same quarter in the previous year. Total income of the company decreased by 13.87% at Rs 314.43 crore for Q2FY24 as compared to Rs 365.07 crore for the corresponding quarter previous year.


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