Everest Industries Reports Significant Financial Declines and Rising Interest Expenses in March 2025 Results

Everest Industries has recently reported its financial results for the quarter ending March 2025, revealing notable trends that merit attention. The company, classified within the miscellaneous industry and categorized as a microcap, has experienced a shift in its evaluation, with its score moving to -12 from -25 over the past three months.
The financial data indicates a significant decline in Profit Before Tax (PBT), which stands at Rs -8.69 crore, reflecting a year-on-year change of -538.89%. This trend suggests challenges in maintaining profitability. Similarly, Profit After Tax (PAT) has also shown a decline, recorded at Rs -0.15 crore, with a year-on-year decrease of -102.8%. These figures point to ongoing difficulties in the company's financial performance.

Additionally, Everest Industries has reported the highest interest expense in the last five quarters, amounting to Rs 7.30 crore, which has increased by 14.24% quarter-on-quarter. This rise in interest costs may indicate a reliance on increased borrowings. On a different note, the company has seen a rise in non-operating income, reaching Rs 6.52 crore, the highest in five quarters, although such income may not be sustainable in the long term.

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