Everest Organics Holds 33rd AGM, Reports FY26 Profitability Turnaround
Everest Organics Ltd has announced its 33rd Annual General Meeting (AGM) scheduled for September 30, 2026, to be held via Video Conferencing. The company has also released its Annual Report for FY 2025-26, highlighting a significant financial turnaround. Total revenue increased by over 23% to ₹19,740.42 Lakhs. Profit Before Tax (PBT) reversed from a loss of ₹324.26 Lakhs in FY 2024-25 to a profit of ₹804.67 Lakhs in FY 2025-26. Net Profit stood at ₹554.65 Lakhs, compared to a Net Loss of ₹129.03 Lakhs in the previous year, with Earnings Per Share (EPS) at ₹5.70. The company has not recommended a dividend, opting to reinvest earnings to strengthen reserves to ₹6,576.77 Lakhs. Expansion of production facilities and securing an Environmental Clearance Certificate are also noted.
Key Highlights
- FY26 saw a return to profitability with Net Profit of ₹554.65 Lakhs.
- Revenue grew over 23% to ₹19,740.42 Lakhs in FY26.
- PBT turned positive at ₹804.67 Lakhs in FY26.
- No dividend recommended; earnings reinvested to boost reserves.
- Production capacity expansion and environmental clearance secured.
Price Impact
More from EVERESTO