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Fairfax India Holdings Corporation: Financial Results for the Year Ended December 31, 2025
TORONTO, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Fairfax India Holdings Corporation (TSX: FIH.U) announ...
About this update from Fairfax India Holdings Corp
[{"type":"text","content":"Fairfax India Holdings Corporation: Financial Results for the Year Ended December 31, 2025\nNOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES  (Note:All dollar amounts in this press release are expressed in U.S. dollars except as otherwise noted. The financial results are derived from unaudited financial statements prepared using the recognition and measurement requirements of International Financial Reporting Standards as issued by the International Accounting Standards Board (“IFRS® Accounting Standards”), except as otherwise noted. This press release contains certain non-GAAP and other financial measures, including book value per share and cash and marketable securities, that do not have a prescribed meaning under IFRS Accounting Standards and may not be comparable to similar financial measures presented by other issuers. See “Glossary of non-GAAP and other financial measures” at the end of this press release for further details.)  TORONTO, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Fairfax India Holdings Corporation (TSX: FIH.U) announces fiscal year 2025 net earnings of $410.5 million ($3.05 net earnings per diluted share), compared to a net loss of $41.2 million in fiscal year 2024 ($0.30 net loss per diluted share). The company's book value per share increased 9.4% to $22.94 at December 31, 2025 from $20.96 at December 31, 2024 ($20.72 at September 30, 2025), primarily due to net gains on investments, partially offset by unrealized foreign currency translation losses as a result of the depreciation of the Indian rupee against the U.S. dollar during 2025. Highlights for 2025 included the following: Net change in unrealized gains on investments of $527.6 million principally from increases in the fair values of the company's private company investments in BIAL ($399.1 million), Seven Islands ($24.0 million) and Global Aluminium ($13.8 million), and publicly listed investments in IIFL Finance ($146.0 million), CSB Bank ($114.4 million) and IIFL Capital ($35.0 million). The above was partially offset by decreases in the fair values of private company investments in Sanmar ($111.9 million) and Jaynix ($12.1 million), and publicly listed investments in Fairchem Organics ($40.6 million) and 5paisa ($11.5 million), as well as a reversal of prior period unre...