Everest Organics' Profit Rises in Fiscal Q3; Shares Fall 5%

MT Newswires Live

2025/02/12

Everest Organics (BOM:524790) said its profit attributable to shareholders jumped to 11.4 million Indian rupees in the fiscal third quarter from 163,000 rupees a year ago, according to a Tuesday filing with the BSE by the pharmaceutical company.

Earnings per share during the quarter ended Dec. 31, 2024, climbed to 1.42 rupees from 0.02 rupees a year earlier.

Revenue from operations slipped year on year to 420.5 million rupees from 525.1 million rupees, according to the filing.

Shares of the company dropped 5% in morning trade Wednesday.

Price (INR): ₹265.00, Change: ₹-5.0, Percent Change: -1.85%

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