Recycling stock jumps 4% after reporting 133.85% YoY increase in net profitsRecycling stock jumps 4% after reporting 133.85% YoY increase in net profits

Introduction:

Leading recycling company in the textile and recycling industry reported strong Q3 FY25 results, with net profit soaring 133.85% YoY. Revenue from operations rose by 39.7%, highlighting robust demand and operational efficiency driving impressive financial growth.

Also Read: Textile stocks to benefit after FM announces plans for cotton productivity in Budget 2025

Share price movement of Ganesha Ecosphere:

On February 3, 2025, Ganesha Ecosphere Ltd opened at ₹1,835.05, up 2.3% from its previous close of ₹1,794.45. The stock reached a high of ₹1,907.05 and a low of ₹1,784.25. By 10:18 AM, it traded at ₹1,809.95, a 0.86% increase, with a market cap of ₹4,587.68 crore.

Ganesha Ecosphere Reports Strong Q3 FY25 Results:

Ganesha Ecosphere Limited posted a net profit of ₹29.7 crore in Q3 FY25, marking a 133.85% increase from ₹12.7 crore in Q3 FY24. Sequentially, net profit saw a 9.6% rise from ₹27.1 crore in Q2 FY25, reflecting strong business performance.

Revenue from operations surged 39.7% YoY to ₹397.8 crore, up from ₹284.8 crore in the corresponding quarter last year. Sequentially, revenue grew by 2.8% from ₹386.8 crore in Q2 FY25, driven by consistent demand and operational efficiency.

Total income for Q3 FY25 stood at ₹403 crore, a 39.6% increase from ₹288.8 crore in Q3 FY24. The sequential rise from ₹390.5 crore in Q2 FY25 highlights the company’s continued growth trajectory and solid financial performance.

Ace investor holding in Ganesha Ecosphere:

Sangeeta Pareekh

Sangeeta Pareekh holds a 1.91% stake in Ganesha Ecosphere Ltd, with 483,472 shares valued at ₹87.3 crore. Her investment reflects confidence in the company’s growth and strong market position within the textile and recycling industry.

Stock performance of Ganesha Ecosphere for Period of 1 week, 6 months and 1 year:

Ganesha Ecosphere Ltd has delivered impressive returns, with a 15.2% increase over the past week, 12.2% growth over six months, and a remarkable 60.3% rise over the past year, reflecting strong performance and consistent investor confidence.

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Shareholding pattern of Ganesha Ecosphere:

All values in %	Dec 2024	Sep 2024	Jun 2024
Promoter	35.90%	35.90%	36.40%
FII	12.10%	10.30%	9.80%
DII	21.90%	22.70%	21.60%
Public	29.90%	31%	32%
Others	0.20%	0.20%	0.20%

About Ganesha Ecosphere:

Ganesha Ecosphere Ltd (NSE: GANECOS), established in 1987, is India’s largest PET bottle recycling company. It manufactures Recycled Polyester Staple Fibre (RPSF), spun yarn, and dyed texturised yarn, contributing to recycling 16%-18% of the country’s PET bottle waste.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.