Fairfax India Holdings Corporation First Quarter Financial Results

Financial Performance - Fairfax India Holdings Corporation reported a net loss of $211.2 million ($1.57 net loss per diluted share) in Q1 2025, an improvement from a net loss of $293.5 million ($2.17 net loss per diluted share) in Q1 2024 [1][8] - The company's book value per share decreased by 7.4% to $19.41 as of March 31, 2025, down from$20.96 at December 31, 2024, primarily due to unrealized losses on publicly listed investments [1][7] Investment and Financial Health - As of March 31, 2025, Fairfax India had cash and marketable securities totaling $113.0 million, with an additional$79.2 million available under its revolving credit facility [3] - The company recorded a net change in unrealized losses on investments amounting to $222.9 million, mainly from declines in the fair values of publicly listed investments [6] Shareholder Information - The weighted average number of common shares outstanding during Q1 2025 was 134.8 million, compared to 135.4 million in Q1 2024 [3][9] - The total equity of the company as of March 31, 2025, was$2.747 billion, down from $2.957 billion at the end of 2024 [7]