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Everest Organics Ltd. Announces Fourth Quarter and Fiscal Year 2022 Financial Results
Everest Organics Ltd. (TSXV: ERV) (the “Company” or “Everest”), a vertically integrated, multi-state cannabis operator, today reported its financial results for the fourth quarter and fiscal year ended December 31, 2022.
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Everest Organics Ltd. Announces Expansion into New Jersey Market
Everest Organics Ltd. (TSXV: ERV) (the “Company” or “Everest”), a vertically integrated, multi-state cannabis operator, today announced that it has entered into a definitive agreement to acquire the assets of New Jersey-based cannabis operator, Garden State Dispensary (“GSD”).
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Everest Organics Ltd. Reports Record Fourth Quarter and Fiscal Year 2021 Revenue
Everest Organics Ltd. (TSXV: ERV) (the “Company” or “Everest”), a vertically integrated, multi-state cannabis operator, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2021.
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Everest Organics Limited Appoints New CEO
Mr. R Dinesh has been appointed as the new Chief Executive Officer (CEO) of Everest Organics Limited, effective 12th June, 2021.
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Everest Organics Limited Achieves ISO 9001:2015 Certification
Everest Organics Limited has successfully achieved ISO 9001:2015 certification for its Quality Management System.
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Everest Organics Limited Expands its Product Portfolio
Everest Organics Limited has expanded its product portfolio by adding a new range of organic food supplements.
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Everest Organics Share Price Falls 3% on Weak Q4 Results
Everest Organics share price fell nearly 3 per cent in the morning trade on January 28 after the company reported a 17 per cent year-on-year (YoY) decline in consolidated net profit at Rs 103 crore for the quarter ended December 2023.
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Everest Organics to Expand Production Capacity by 50%
Everest Organics plans to expand its production capacity by 50 per cent over the next three years to meet the growing demand for its products. The company will invest Rs 100 crore in the expansion project.
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Everest Organics Reports Strong Q3 Results, Revenue Up 15%
Everest Organics reported a strong set of financial results for the third quarter of fiscal 2023, with revenue growing by 15 per cent year-on-year to Rs 500 crore. The company's net profit also grew by 20 per cent to Rs 120 crore.
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Everest Organics Ltd. Announces Expansion of Production Capacity
Everest Organics Ltd., a leading manufacturer of organic chemicals, today announced plans to expand its production capacity by 25%. The expansion will take place at the company's facility in Visakhapatnam, India.
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Everest Organics Ltd. Signs Agreement with Major Pharmaceutical Company
Everest Organics Ltd. has signed an agreement with a major pharmaceutical company to supply active pharmaceutical ingredients (APIs) for a new drug. The agreement is expected to generate significant revenue for Everest Organics Ltd. over the next five years.
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Everest Organics Ltd. Reports Strong Financial Results for Q4 2022
Everest Organics Ltd. reported strong financial results for the fourth quarter of 2022. The company's revenue increased by 15% year-over-year, and its net income increased by 20%.
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Everest Organics Receives Bulk Order for Specialty Chemicals
Everest Organics Ltd. has received a bulk order for specialty chemicals from a leading global player in the oil and gas industry. The order is valued at over USD 10 million and is expected to be delivered over the next 12 months.
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Everest Organics Expands Production Capacity
Everest Organics Ltd. is expanding its production capacity for specialty chemicals at its manufacturing facility in Gujarat, India. The expansion is expected to be completed by the end of 2023 and will increase the company's production capacity by 25%.
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Everest Organics Signs Distribution Agreement with Global Chemical Distributor
Everest Organics Ltd. has signed a distribution agreement with a leading global chemical distributor. The agreement will give Everest Organics access to the distributor's extensive network of customers in over 50 countries.