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Ganesha Ecosphere Ltd Q1FY24; 74% fall in Profits

Ganesha Ecosphere Ltd is a leading PET Waste Recycling company in India and is engaged in the manufacturing of Recycled Polyester Staple Fibre (RPSF), Spun yarn and dyed texturised yarn in India.

Financial Results:

  • Ganesha Ecosphere Ltd reported Revenues for Q1FY24 of ₹254.12 Crores down from ₹292.59 Crore year on year, a fall of 13.15%.
  • Total Expenses for Q1FY24 of ₹252.22 Crores down from ₹275.06 Crores year on year, a fall of 8.3%.
  • Consolidated Net Profit of ₹3.45 Crores down 74.0% from ₹13.27 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹1.58, down 74.01% from ₹6.08 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

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