Fairfax India Q2 FY26 net earnings fall 18.06% to US$227.9 million; book value per share climbs 8.7% to US$20.74 vs Q1 FY26

Reuters2026/07/30 21:35

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Fairfax India posts Q2 net earnings of USD 227.9 million, down 18.1%, with diluted EPS of USD 1.70 versus USD 2.06.
Book value per share climbs 8.7% from Q1 to USD 20.74, driven primarily by net gains on investments during the quarter.
Net gains on investments total USD 266.1 million, led by higher fair values in IIFL Capital and IIFL Finance, plus BIAL.
Interest and dividend income totals USD 14.2 million, mainly from BIAL dividends of USD 10.1 million and Jaynix of USD 3.8 million.
Entered an agreement to lift IIFL Capital ownership to at least 51% for about USD 417 million; CEO cites USD 162.9 million unrealized gains on public stocks.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fairfax India Holdings Corporation published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Fairfax India Q2 FY26 net earnings fall 18.06% to US$227.9 million; book value per share climbs 8.7% to US$20.74 vs Q1 FY26

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