Pursuant to Regulation 30 read with Part A of Schedule III of Listing Regulations, we wish to inform you that the Board of Directors at their meeting held today i.e., Saturday, January ....
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The Board of Directors of Eco Recycling Ltd approved unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. Standalone revenue from operations fell sharply to Rs 591 lacs in Q3 FY26 from Rs 992 lacs in Q3 FY25, a year-on-year drop of around 40%, while nine-month revenue declined to Rs 2,957 lacs from Rs 3,419 lacs. Standalone profit after tax dropped steeply to Rs 155 lacs in Q3 FY26 versus Rs 541 lacs in Q3 FY25, with EPS at Rs 0.81 versus Rs 2.80 earlier. The company also appointed Mr. Arvindra Singh Parmar as the new Company Secretary and Compliance Officer after Mr. Nihal R Kare resigned. The auditor issued a clean limited review report with no qualifications.
The steep year-on-year fall in revenue and profits may weigh negatively on stock sentiment and raise questions about the pace of recovery in the e-waste business. The key managerial change is routine, while the pending insurance claim balance of Rs 1.66 cr could provide an upside if received.