Everest Industries has received reaffirmation in credit ratings for bank facilities of Rs 440 crore at CRISIL A+; Stable / CRISIL A1. Powered by Capital Market - Live News

Everest Industries has received reaffirmed in credit ratings and revision in outlook from ICRA as under:Long term fund based/ cash credit (Rs 130 crore) - ICRA A+; Negative Short term non-fund based limits (Rs 250 crore) - ICRA A1 Long term / short term unallocated (Rs 60 crore) - ICRA A+; Negative/ ICRA A1Powered by Capital Market - Live News

Net profit of Everest Industries declined 83.70% to Rs 0.81 crore in the quarter ended December 2023 as against Rs 4.97 crore during the previous quarter ended December 2022. Sales declined 10.39% to Rs 351.59 crore in the quarter ended December 2023 as against Rs 392.35 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales351.59392.35 -10 OPM %2.204.53 - PBDT9.0416.58 -45 PBT1.148.21 -86 NP0.814.97 -84 Powered by Capital Market - Live News

Everest Industries will hold a meeting of the Board of Directors of the Company on 2 February 2024.Powered by Capital Market - Live News

Net loss of Everest Industries reported to Rs 5.84 crore in the quarter ended September 2023 as against net profit of Rs 3.24 crore during the previous quarter ended September 2022. Sales declined 13.69% to Rs 307.61 crore in the quarter ended September 2023 as against Rs 356.41 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales307.61356.41 -14 OPM %-0.551.76 - PBDT2.5913.36 -81 PBT-5.654.88 PL NP-5.843.24 PL Powered by Capital Market - Live News