Ganesha Ecosphere's Q2 FY 2025-26 Quarterly Results

Result Summary

• Ganesha Ecosphere Ltd reported a 8.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 5.6%.
• Its expenses for the quarter were up by 12.9% QoQ and 3.8% YoY.
• The net profit decreased 104.7% QoQ and decreased 101.8% YoY.
• The earnings per share (EPS) of Ganesha Ecosphere Ltd declined at 0.24 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Ganesha Ecosphere Ltd is a well-established company in the textile industry, primarily known for its production of recycled polyester staple fiber (PSF) and spun yarn. The company plays a significant role in the sustainability sector by converting post-consumer PET waste into high-value products. As a leader in recycling, Ganesha Ecosphere operates several manufacturing facilities across India, contributing to its strong market presence. While specific recent developments are not available, the company's commitment to environmental sustainability and innovation in recycling technology is widely recognized.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), Ganesha Ecosphere Ltd reported a total income of ₹368.67 crores. This reflects an increase of 8.3% compared to the previous quarter (Q1FY26), where the total income was ₹340.50 crores. However, when compared to the same quarter in the previous fiscal year (Q2FY25), where total income was ₹390.54 crores, there is a decline of 5.6%. This fluctuation indicates changes in revenue generation over the evaluated periods, reflecting dynamic business conditions in the market.

Profitability

The profitability metrics for Ganesha Ecosphere Ltd in Q2FY26 show a significant decrease. The profit before tax in this quarter stood at ₹0.57 crores, a sharp decline of 96.0% quarter-over-quarter from ₹14.35 crores in Q1FY26. On a year-over-year basis, this represents a drastic reduction of 98.4% from the ₹35.93 crores recorded in Q2FY25. Consequently, the profit after tax also turned negative, with a loss of ₹0.50 crores in Q2FY26, compared to a profit of ₹10.75 crores in Q1FY26 and ₹27.11 crores in Q2FY25. This resulted in negative earnings per share of -₹0.24, down from ₹4.16 in Q1FY26 and ₹10.71 in the same quarter last year, showing declines of 105.8% QoQ and 102.2% YoY.

Operating Metrics

The operating metrics reveal that total expenses for Q2FY26 were ₹368.09 crores, an increase of 12.9% from ₹326.15 crores in Q1FY26. Compared to Q2FY25, where expenses were ₹354.60 crores, there is a rise of 3.8% YoY. The tax expense for Q2FY26 was ₹1.09 crores, which is a significant decrease of 69.4% compared to Q1FY26 and 87.6% compared to Q2FY25. These metrics indicate variations in operational costs and tax liabilities, impacting the overall financial performance. The focus on cost management and efficiency improvements is crucial in navigating these financial dynamics.