Race Eco Chain Limited — Important, 02-06-2025: General Updates

Race Ecochain has announced a board meeting on the financial results for the quarter and half-year. Waste aggregation volumes surged to 29,616 MT in Q4 and 121,159 MT for FY25. Revenue grew 36% YoY to ₹460.30 crore, with PAT doubling to ₹3.76 crore, driven by waste value chain formalization. Plastic packaging revenue doubled to ₹136.64 crore in Q4. Biofuel revenue dropped 58% YoY due to disruptions, but supply chain restructuring is in progress. A strategic JV with Ganesha Ecosphere targets scaling rPET washing plants. Expansion includes new collection centers and the acquisition of Vasundhara Envirogreen.