we have enclosed financial result for March 31, 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Eco Recycling Ltd reported FY2026 standalone revenue of Rs 4,818 Lacs, up 9.6% from Rs 4,396 Lacs in FY2025. Profit after tax grew marginally to Rs 2,377 Lacs from Rs 2,333 Lacs. However, Q4 profit was impacted by a Rs 97.37 lakh charge due to reassessment of incremental borrowing rate (IBR) from 13.5% to 9.5% for lease liabilities under Ind AS 116. On consolidated basis, PAT declined slightly to Rs 2,290 Lacs from Rs 2,338 Lacs. The company also approved acquisition of remaining 21.74% stake in subsidiary Ecoreco Park Private Limited for Rs 1.93 Lacs to make it wholly-owned. Cash position strengthened significantly to Rs 1,314 Lacs from Rs 223 Lacs. Auditors issued an unmodified opinion with an emphasis of matter paragraph on the IBR change.
The revenue growth of ~10% is modest and PAT was nearly flat on consolidated basis. The one-time lease remeasurement charge in Q4 may create some volatility in quarterly earnings but does not affect the company's fundamental operations. The acquisition of minority stake consolidates ownership structure without significant financial impact.