Race Eco Chain Limited , a company specializing in plastic waste recycling, home furnishings, and biomass products, has released its financial results for the first quarter of fiscal year 2026 and announced key appointments in a board meeting held on August 12, 2025.

Financial Performance

The company reported a consolidated revenue from operations of Rs. 15,672.60 lakhs for the quarter ended June 30, 2025, showing a significant increase from Rs. 8,644.42 lakhs in the same quarter of the previous year. The standalone revenue from operations stood at Rs. 9,881.38 lakhs.

Race Eco Chain's consolidated profit for the period reached Rs. 41.30 lakhs, while the standalone profit was reported at Rs. 10.24 lakhs. The company's performance showed improvement across its various business segments.

Segment-wise Performance

The company's financial results reveal strong performance in its primary business segments:

Key Appointments

In addition to the financial results, the board meeting also saw important decisions regarding auditor appointments:

1. Internal Auditor: M/s. SSAR & Associates has been appointed as the Internal Auditor for the financial year 2025-2026.
2. Secretarial Auditor: M/s. HKS & Associates LLP, a Peer Reviewed Firm, has been appointed as the Secretarial Auditor for a term of five consecutive years, from April 1, 2025, to March 31, 2030. This appointment is subject to shareholder approval at the upcoming Annual General Meeting.

Other Developments

The Board of Directors also approved the Annual Report for the Financial Year 2024-2025 during the meeting.

Race Eco Chain Limited continues to focus on its core businesses of plastic waste recycling, home furnishings, made-ups, bags & garments, and briquettes across its three main divisions: Recycle, Restore, and Biomass.

The company's performance in the first quarter of FY2026 indicates a positive trend, with substantial growth in revenue compared to the same period last year.

Race Eco Chain , a prominent player in the eco-friendly supply chain solutions sector, has announced its fourth-quarter financial results, showcasing impressive year-over-year growth in both profit and revenue.

Profit Doubles Year-over-Year

The company reported a consolidated net profit of ₹15.00 crore for the fourth quarter, marking a substantial increase from ₹7.00 crore in the same quarter of the previous year. This represents a remarkable 114.29% year-over-year growth in net profit, highlighting the company's strong financial performance.

Revenue Surges by 123%

Race Eco Chain's Q4 revenue witnessed an even more dramatic rise, reaching ₹1,900.00 crore. This figure is up from ₹852.00 crore in the corresponding quarter of the previous year, translating to a staggering 123.00% year-over-year increase in revenue.

EBITDA and Margin Improvement

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) showed significant improvement, increasing to ₹34.00 crore from ₹10.00 crore in the same quarter of the previous year. Additionally, the EBITDA margin rose to 1.76% from 1.22% year-over-year, indicating enhanced operational efficiency.

Quarter-over-Quarter Performance

While the year-over-year growth is impressive, it's worth noting that the company's net profit saw a slight decrease compared to the previous quarter. The Q4 net profit of ₹15.00 crore is marginally lower than the ₹16.00 crore reported in the preceding quarter, indicating a 6.25% quarter-over-quarter decline.

Financial Highlights

The financial results demonstrate Race Eco Chain's ability to significantly expand its business operations and improve its bottom line over the past year. The substantial growth in revenue suggests that the company has successfully increased its market share or expanded into new markets within the eco-friendly supply chain sector.

Despite the slight quarter-over-quarter dip in net profit, the overall yearly performance indicates a positive trajectory for Race Eco Chain. The company's ability to more than double its profit while more than doubling its revenue year-over-year is a testament to its operational efficiency and market strategy.

The improved EBITDA and EBITDA margin further underscore the company's enhanced operational performance and profitability. This suggests that Race Eco Chain has been successful in managing its costs while growing its revenue.

Investors and industry observers will likely be keeping a close eye on Race Eco Chain's future performance to see if this growth trend continues and how the company manages to maintain its profitability in the face of rapid revenue expansion.