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Ganesha Ecosphere Ltd Q2FY24; 86% 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 Q2FY24 of ₹278.45 Crores down from ₹312.94 Crore year on year, a fall of 11.02%.

Total Expenses for Q2FY24 of ₹277.20 Crores down from ₹288.16 Crores year on year, a fall of 3.8%.

Consolidated Net Profit of ₹2.80 Crores down 85.79% from ₹19.70 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.28, down 85.81% from ₹9.02 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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