Industry Season 3 episode 5 ending explained: Did Yasmin kill her father?

Industry season 3 episode 5 ending explained (Image via Instagram/@industryhbo)
Industry season 3 episode 5 ending explained (Image via Instagram/@industryhbo)

In Industry Season 3, episode 5, the intense drama surrounding Pierpoint & Co. returns to its core, delving into the high-stakes corporate world and the personal entanglements that define the series. Following the disastrous IPO of Lumi, a green energy company once touted as the future of sustainable investments, Pierpoint is thrust into the spotlight as the government launches an official inquiry into the financial collapse.

With mounting pressure from the public and media, Pierpoint must navigate this crisis carefully and make the calculated decision to send Robert Spearing to represent the firm at the inquiry. This episode brings back the high-tension corporate intrigue and uncovers deeper moral dilemmas. Robert, often seen struggling between his ambition and conscience, finds himself on the frontlines of this inquiry.

While deflecting blame from Pierpoint, he is confronted with uncomfortable truths about Henry Muck, the former CEO of Lumi, whose behavior has sparked public outrage. Robert must navigate the fine line between protecting his employer and standing by his principles, a decision that could reshape his future at Pierpoint.


What happened during the Government inquiry on Industry Season 3?

The episode's core revolves around the inquiry hearing into Lumi’s catastrophic IPO launch, with Pierpoint, Lumi's financial backer, in the hot seat on Industry Season 3. There are also brewing internal threats to Pierpoint’s stability. Sweetpea Goliath, a perceptive analyst at the firm, uncovers alarming financial risks that could push the bank into even deeper trouble.

As tensions rise, Robert Spearing finds himself reluctantly chosen to represent Pierpoint, a decision that appears more like a calculated move to throw him under the bus. Robert’s former association with Lumi’s CEO, Henry Muck, further deepens the complexity of his involvement.

Throughout the hearing on Industry Season 3, Robert is bombarded with probing questions about Pierpoint’s role in overvaluing Lumi’s shares, ultimately leading to the disastrous fallout. The government and the public are seething with anger at Henry Muck’s failure to lead and the government’s use of taxpayer money to bail out Lumi. Pierpoint, caught in the crossfire, attempts to deflect blame onto Henry.

However, a deeper layer of misconduct is unveiled when Henry's inappropriate behavior toward his female employees is exposed. Caedi McFarlane, a former employee of Henry, reveals his pattern of grooming and discarding women in his workplace, adding a disturbing personal dimension to the corporate scandal.

Robert is pressed about Caedi McFarlane's knowledge of these activities. Still, instead of taking the easy way out and pinning everything on Henry, he stands by his principles—a move that signifies Robert’s moral awakening but leaves him vulnerable.


What was Aurore Adekunle’s surprising move?

The tension of the inquiry reaches its peak when the Secretary of State, Aurore Adekunle, steps in with an unexpected twist. Instead of allowing Pierpoint or Henry Muck to shoulder the blame, she takes full responsibility for the disaster, revealing her resignation from the government cabinet.

It becomes clear that Aurore is playing a long game, likely eyeing a future political career with the backing of powerful business allies like Otto Mostyn and Alexander Norton.

Her resignation saves Pierpoint and Henry from immediate repercussions and hints at a broader scheme within the upper echelons of political and corporate power. While Aurore's calculated sacrifice shakes up the inquiry's outcome, the true winners and losers in this corporate battle remain to be seen.


Do Pierpoint's financial troubles look bigger?

Away from the public eye of the inquiry, Pierpoint faces another crisis in Industry Season 3. Sweetpea Goliath uncovers unsettling information about the bank’s financial instability. Pierpoint’s IPOs are struggling in the market, and the firm is facing challenges in unloading debt-backed assets, leaving it exposed to significant losses.

When Sweetpea brings these concerns to Eric Tao, she faces a cold and dismissive reaction. Eric, overwhelmed by the inquiry, initially ignores her warnings, but the severity of the situation becomes undeniable.

Sweetpea’s predictions about Pierpoint’s precarious state weigh heavily on Eric, and the episode closes with a sobering conversation between him and Bill Adler, who reveals his battle with cancer. This revelation and Pierpoint's financial strain push Eric to the brink.

Meanwhile, in Industry Season 3, Harper Stern makes a brief but impactful return to Pierpoint, overhearing Sweetpea and Yasmin’s conversation about the company’s dire state. Harper’s silent exit from the building signals her intention to leverage this new information, setting the stage for further tension and conflict in the episodes to come.

Read More: Industry season 3: Full cast list in the series


Did Yasmin kill her father?

In Industry Season 3, while Yasmin’s relationship with Henry Muck takes center stage early in the episode, her storyline takes a dark and unexpected turn by the end. After confronting Henry about the accusations against him, Yasmin storms out of his party. Later, she receives a phone call informing her that a body, suspected to be her missing father, Charles Hanani, has been discovered.

Instead of being devastated by the news on Industry Season 3, Yasmin appears strangely composed and even fearful. When she returns to Robert’s house, she drunkenly confesses to having killed her father, although the statement comes off as a joke.

Robert dismisses the comment, leaving viewers wondering whether Yasmin's words hold any truth. This unsettling confession adds a layer of intrigue to her character, leaving the audience eagerly awaiting answers in the next episode.

Read More: Industry season 3: Release date, cast, plot, and everything


Interested viewers can watch Industry Season 3, Episode 5 on HBO in the USA, BBC in the UK, and Jio Cinema in India.

Quick Links

Edited by pshmueni
Sportskeeda logo
Close menu
WWE
WWE
NBA
NBA
NFL
NFL
MMA
MMA
Tennis
Tennis
NHL
NHL
Golf
Golf
MLB
MLB
Soccer
Soccer
F1
F1
WNBA
WNBA
More
More
bell-icon Manage notifications