Overview

* Fairfax India ( FFXDF ) Q3 net earnings drop to $3.2 mln from $34 mln in 2024

* Company's book value per share fell 3.3% due to currency translation losses

Outlook

* Company expects to complete sale of Saurashtra in Q4 2025

* Fairfax India ( FFXDF ) highlights financial health with $72.9 mln in cash

Result Drivers

* CURRENCY TRANSLATION LOSSES - Unrealized foreign currency translation losses of $103.1 mln due to Indian rupee depreciation against USD

* INVESTMENT GAINS - Unrealized gains of $59.5 mln from private investments in BIAL, Seven Islands, and Saurashtra

* BIAL EQUITY PAYMENT - Completed $94.4 mln payment for additional 10% equity interest in BIAL

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Net $3.20

Income mln

Press Release:

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(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.)