Ganesha Ecosphere Ltd, India’s leading PET waste recycling company manufacturing recycled polyester staple fibre (RPSF), spun yarn, and dyed texturised yarn, reported revenue contraction and swing to loss in Q2FY26.
Financial Highlights:
- Revenues declined 6.06% year-on-year to ₹363.38 crore from ₹386.81 crore (total income ₹368.67 crore).
- Total expenses rose 3.8% to ₹368.10 crore from ₹354.61 crore.
- Consolidated net loss of ₹0.50 crore vs profit of ₹27.11 crore YoY, with EBITDA margins compressed to 6.1% amid inventory losses of ₹10-11 crore from raw material volatility.
- Earnings per share -₹0.19 vs ₹10.70 YoY.
Challenges from 4% ASP drop, pricing pressures, and operational costs outpacing topline decline led to margin erosion and profitability crisis.
Outlook:
Ganesha Ecosphere Ltd targets volume recovery, cost optimization, and rPSF capacity expansion to navigate headwinds and restore margins.
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