Ganesha Ecoverse Ltd — Results, 30-05-2025: Result

Ganesha Ecoverse Limited has announced a board meeting outcome approving the financial results for the quarter and half-year ended March 31, 2025. The company reported standalone revenue of Rs. 718.21 lakh for the year, with a loss before tax of Rs. 235.68 lakh, mainly impacted by a Rs. 548.95 lakh fair value mark-to-market loss on current investments. Net loss stood at Rs. 146.43 lakh. The company shifted its business focus from share trading to plastic and textile products during FY 2023-24. The equity base increased to Rs. 24.59 Cr after a rights issue raising Rs. 46.95 Cr. The company invested Rs. 46.50 Cr in associate GESL Spinners Private Limited, which faced operational disruptions due to a storm but has resumed activity. Consolidated results reflected a net loss of Rs. 1572.98 lakh, including share of loss from the associate. The auditors issued an unmodified opinion with no reservations.