Eco Recycling Reports Strong Q2 Results with 56% Revenue Growth

Eco Recycling Limited (ECORECO), a prominent player in the e-waste management sector, has announced its financial results for the second quarter. The company reported a strong performance, with significant revenue growth and a slight decrease in profitability.

Financial Highlights

Particulars (in lacs rupees)	Q2 (Current)	Q1 (Previous)	Q2 (Last Year)	QoQ Change	YoY Change
Revenue	1,442.00	924.00	1,287.00	+56.06%	+12.04%
Net Profit	573.00	780.00	N/A	-26.54%	N/A

Revenue Growth

Eco Recycling demonstrated strong growth in its top-line performance, with revenue increasing to 1,442.00 lacs rupees in the current quarter, up from 924.00 lacs rupees in the previous quarter and 1,287.00 lacs rupees in the same period last year. This represents a significant 56.06% quarter-on-quarter growth and a 12.04% year-over-year growth, indicating the company's ability to expand its operations and capture market opportunities in the e-waste management sector.

Profitability

Despite the revenue growth, the company faced a decline in profitability compared to the previous quarter. The net profit for the current quarter stood at 573.00 lacs rupees, down from 780.00 lacs rupees in the previous quarter, marking a 26.54% decrease.

Half-Year Performance

For the half-year period, Eco Recycling reported revenue of 2,366.00 lacs rupees, slightly lower than the 2,428.00 lacs rupees reported in the previous year. Net profit for the half-year stood at 1,352.00 lacs rupees, compared to 1,604.00 lacs rupees in the previous year.

Other Financial Aspects

The company received 2.25 crores towards insurance claims during the quarter, with 1.66 crores still pending.
Earnings per share for the quarter was 3.20 rupees, compared to 3.48 rupees in the previous quarter.
Eco Recycling operates in the E-waste management segment and has no financial borrowings, with finance costs relating only to lease liabilities.

Conclusion

As Eco Recycling continues to grow its revenue significantly, the focus may shift towards maintaining profitability levels. The e-waste management sector remains critical in the context of increasing electronic consumption and environmental concerns, potentially offering continued growth opportunities for companies like Eco Recycling in the long term.

Investors and stakeholders will likely be watching closely to see how the company balances its strong revenue growth with profitability in the coming quarters.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.12%	-3.93%	-15.85%	-20.87%	-46.52%	+1,156.28%

Eco Recycling Ltd. (Ecoreco), India's pioneering e-waste management company, has reported significant progress in its One Billion Chargers movement. The campaign, which aims to promote responsible e-waste recycling and resource recovery, has collected 8,670 parcels of e-waste from across India by October 31, 2025.

Campaign Highlights

Launch Date: October 2, 2025 (Gandhi Jayanti)
Platform: BookMyJunk (digital platform)
Total Parcels Received: 8,670
Average Weight per Parcel: 3 kilograms

The initiative, launched under the ethos of "Swachhta Hi Seva — Special Campaign 5.0", has successfully mobilized citizens, corporates, and institutions to participate in e-waste recycling efforts.

Key Objectives

Connect every generator of e-waste
Transform awareness into measurable environmental action
Promote the philosophy of "Collect • Conserve • Contribute"

B.K. Soni, Chairman & Managing Director of Ecoreco, emphasized the inclusive and perpetual nature of the #OneBillionChargers initiative, stating that it complements the efforts of government bodies, producers, and institutions nationwide.

Eco-Bin Installation Initiative

As part of the campaign's expansion, Ecoreco has announced plans to install Eco-Bins across educational institutions nationwide. Schools, colleges, and universities are invited to participate in this initiative, furthering the company's mission to promote responsible e-waste management.

About EcoRecycling Ltd. (Ecoreco)

Aspect	Details
Founded	2005
Services	End-to-end e-waste management
Key Operations	Collection, logistics, dismantling, recycling, refurbishment, and data destruction
Certifications	ISO-certified, R2v3-compliant recycling infrastructure
Notable Recognition	Appreciated by PM Narendra Modi during 97th "Mann Ki Baat"

Ecoreco's efforts align with India's transition towards a Circular and Resource-Secure Economy, contributing to the nation's sustainability goals and strengthening the Atma Nirbhar Bharat initiative.

The overwhelming public response to the #OneBillionChargers movement demonstrates a growing awareness and willingness among Indian citizens to contribute to responsible recycling and resource recovery. As the campaign continues, it is expected to play a significant role in India's e-waste management ecosystem.