Ganesha Ecoverse Limited announced its consolidated financial results for the half year ended September 30, 2026. The company also reported the performance of its associate, GESL Spinners Limited. Additionally, Ganesha Ecoverse has filed an application with BSE Limited for the merger of the company with its associate, GESL Spinners Limited, which is currently under consideration.
Ganesha Ecoverse Announces Financial Performance for H1 FY27
Ganesha Ecoverse Limited has released its financial highlights for the half year ended September 30, 2026. The company’s standalone performance showed a total income of ₹355.99 lakhs for H1FY27, with a Profit After Tax of ₹318.06 lakhs. This marks a significant increase compared to H1FY26 figures which stood at ₹57.69 lakhs for total income and a loss of ₹129.83 lakhs after tax.
Consolidated Financials and Associate Performance
On a consolidated basis, Ganesha Ecoverse Limited reported a total income of ₹355.99 lakhs for H1FY27. The consolidated Profit After Tax for the period was ₹319.92 lakhs. The financial highlights for its associate company, GESL Spinners Limited, also indicate strong performance. GESL Spinners reported a total income of ₹9,404.47 lakhs and an EBITDA of ₹1,391.78 lakhs for H1FY27. The profit after tax for GESL Spinners in H1FY27 was ₹5.59 lakhs, a substantial improvement from the loss of ₹367.94 lakhs in H2FY26 and ₹1,086.28 lakhs in H1FY26.
Merger Application Filed
In a significant strategic move, Ganesha Ecoverse Limited has filed an application with BSE Limited for the merger of the company with its associate, GESL Spinners Limited. The application is currently under consideration, signifying potential consolidation within the group. The company reiterated its commitment to delivering value to stakeholders and driving sustainable growth across its business segments.
Contact Information:
- Corporate Communications – Ganesha Ecoverse Limited
- Email: [email protected]
- Website: www.ganeshaecoverse.com
Source: BSE
