On a year-on-year basis, consolidated net profit declined 84% YoY from Rs 29.71 crore in Q3 FY25, while revenue from operations fell 10.2% YoY from Rs 397.80 crore. Profit before tax dropped 77.9% YoY from Rs 36.92 crore in the year-ago quarter, and EBITDA declined 45.7% YoY to Rs 30.7 crore from Rs 56.5 crore in Q3 FY25.
Sequentially, cost of materials consumed declined 10% QoQ to Rs 215.96 crore, while on a year-on-year basis it was down 8%. Employee benefit expenses rose 8.77% QoQ to Rs 25.67 crore and increased 12.39% YoY.
Ganesha Ecosphere is a leading PET waste recycling company in India and is mainly engaged in the manufacturing of Recycled Polyester Staple Fibre (RPSF), Spun Yarn and Dyed Texturised Yarn.
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