The Board of Directors at their meeting held today has considered and approved Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2025.
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Eco Recycling Ltd's Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025. Standalone revenue from operations jumped to Rs 4,396 lacs from Rs 2,802 lacs in FY24 (about 57% growth), while profit after tax rose to Rs 2,333 lacs from Rs 1,620 lacs (about 44% growth). EPS for the year stood at Rs 12.09 versus Rs 8.30 last year. The Board also appointed Mr. Yeshwant Babarao Sontakke as a Non-Executive Independent Director for five years and M/s. KPUB & Co. as Secretarial Auditors for FY25-26 to FY29-30. Statutory auditors DMKH & Co. issued an unmodified opinion, but flagged four emphasis-of-matter points, including a Rs 2.35 crore receivable from Keynote Capital that is sub judice at the Bombay High Court.
Strong double-digit growth in both revenue and profit signals healthy business momentum for shareholders, while the unmodified audit opinion supports credibility. However, lingering items like the unresolved Keynote Capital recovery and idle assets at the Kharbao unit are worth tracking as they could affect future earnings if outcomes turn adverse.