Race Eco Chain Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting

Race Eco Chain has announced a board meeting approving the consolidated financial results for the quarter and year ended March 31, 2025. Consolidated revenue jumped 60% YoY to Rs 555 Cr, driven by the recycling division’s Rs 527 Cr sales. Profit before tax doubled to Rs 5.48 Cr. The company expanded aggressively through acquisitions, taking majority stakes in Silverline Ecothrive, Ganesha Recycling Chain, and Vasundhara Envirogreen, boosting its presence in waste and biomass sectors. Basic EPS rose to 2.49, reflecting strong operational momentum.