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Fairfax India reports $370.8M net loss in Q1 2026 amid investment and currency losses

Company Fundamentals
30 Apr 2026
GlobeNewsWire
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Bearish
pluang ai news

Fairfax India Holdings Corporation posted a net loss of $370.8 million in Q1 2026, up from a $211.2 million loss in Q1 2025. The loss was mainly due to unrealized losses on public stocks and a 5.2% depreciation of the Indian rupee against the U.S. dollar. The company’s book value per share dropped 16.8% to $19.08. Despite the loss, Fairfax India remains financially strong with $28.8 million in cash and $168.5 million available credit. The company sold its stake in Sanmar and increased its investment in 5paisa in April 2026.

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