Overview

* Fairfax India ( FFXDF ) Q2 net earnings rise to $278.1 mln from $254.1 mln yr ago

* Book value per share increases 10.4% due to unrealized gains on investments

* Company repurchased 28,758 shares in Q2

Outlook

* Fairfax India ( FFXDF ) does not provide specific revenue or EPS guidance

Result Drivers

* UNREALIZED GAINS - Net change in unrealized gains on investments of $330.9 mln, driven by increases in fair values of publicly listed investments, including IIFL Capital and IIFL Finance

* BOOK VALUE INCREASE - Book value per share rose 10.4% to $21.43, primarily due to unrealized gains on investments

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 EPS $2.06

Q2 Net $278.10

Income mln

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)