From GlobeNewswire: 2025-02-13 17:16:00

Fairfax India Holdings Corporation reported a net loss of $41.2 million in fiscal year 2024, compared to earnings of $371.8 million in 2023. Book value per share decreased 4.1% to $20.96. Highlights included gains on investments and interest and dividend income totaling $61.5 million. The company also made significant investments in Global Aluminium Private Limited and BIAL.

Cash and marketable securities at December 31, 2024, were $214.4 million, with an undrawn $175.0 million revolving credit facility. The company bought back shares and had 135.0 million common shares outstanding in the fourth quarter of 2024. Unaudited balance sheets and earnings information are provided for transparency.

Fairfax India Holdings Corporation aims for long-term capital appreciation through investments in Indian businesses. The company’s financial health is strong, with various measures in place to monitor performance and liquidity. Forward-looking statements and risk factors are detailed in the press release for investor awareness and transparency. Book value per share and cash and marketable securities are key financial metrics used by the company.



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