Everest Industries Shares Decline 4.49% After Wider Q2 Loss

Mumbai, October 30, 2025: The share price of Everest Industries Ltd (NSE: EVERESTIND, BSE: 508906) witnessed negative demand today, after the company reported wider Q2 losses. As of 30 October 2025, the share closed at ₹585, down 27.50 or 4.49% from its previous close of ₹612.50. The share opened at ₹581.95 and traded between ₹589.95 and ₹566.65 during the day. The company had a market cap of 971.20 Crore and a volume of 28.25 K in this session.

Everest Industries, traded on both NSE and BSE, is a leading building solutions business in India with roots dating back to 1934. Everest Industries manufactures a wide range of roofing, boards, panels, and pre-engineered steel buildings for various construction and infrastructure needs.

Consolidated Q2 FY26 Financial Performance

The company reported a consolidated net loss of ₹18.17 crore in Q2 FY26, widening from ₹11.67 crore a year earlier, mainly due to lower revenue and margins. Revenue declined 18.7% year on year to ₹306.2 crore and 38.9% sequentially, due to muted operational performance and rising expenses, impacting profitability.

Everest Industries had a net loss of ₹16.54 crore in H1 FY26, compared to a profit of ₹4.23 crore in H1 FY25. Revenue decreased to ₹806.9 crore from ₹899.2 crore in the previous year due to lower demand and margin pressure, which hindered the company’s overall performance in the half-year period.

REF: https://nsearchives.nseindia.com/corporate/EVERESTINDUSTRIES_29102025211828_BoardMeetingOutcome29102025.pdf

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