Ganesha Ecosphere Ltd Issues Corrigendum to Consolidated Financials Following Results Submission

Ganesha Ecosphere Ltd Issues Corrigendum to Consolidated Financials Following Results Submission

Ganesha Ecosphere Ltd Issues Corrigendum to Consolidated Financials Following Results Submission​

Ganesha Ecosphere Limited has issued a corrigendum concerning its Audited Consolidated Financial Results for the quarter and year ended March 31, 2026. This correction pertains specifically to figures related to Trade Payables within the Statement of Assets and Liabilities as at March 31, 2026.

The company's overall performance, detailed in both consolidated and standalone results, reflects operational activities across various periods. The financials provide comprehensive views of revenue, expenses, and cash flows for the reported period against previous quarters and financial years.

Key Financial Performance Indicators (Consolidated)​

A summary of the key top-line figures from the Consolidated Financial Results is presented below:

ParticularsQ Ended March 31, 2026Dec 31, 2025 (Unaudited)March 31, 2025 (Audited)FY Ended March 31, 2026FY Ended March 31, 2025
Revenue from Operations42,394.1335,721.5834,437.99148,166.29146,570.55
Total Income (I+II)42,847.9836,143.5934,910.77149,908.41148,364.42
Total Expenses (IV)39,754.3735,329.4331,665.30144,508.94134,818.42
Profit before Tax (V)3,093.61814.163,245.475,399.4713,546.00

Standalone Results and Operational Focus​

The company's standalone results also show key financial metrics. During the quarter ended March 31, 2026, Ganesha Ecosphere made significant investments in its subsidiaries and associates. The reported transactions included an investment of Rs 320.00 crore towards subscription of Compulsorily Convertible Cumulative Preference Shares of 'Ganesha Ecopet Private Limited,' a wholly owned subsidiary. Furthermore, an investment of Rs 90.00 crore was made toward the subscription of Compulsorily Convertible Cumulative Preference Shares of 'Ganesha Ecotech Private Limited', another wholly owned subsidiary. A commitment of Rs 49.00 Lakh towards the subscription of Equity Shares of Ganesha Recycling Chain Private Limited, an Associate Company, was also recorded during the quarter.

Clarification on Trade Payables in Consolidated Financials​

The corrigendum addresses inadvertent errors pertaining to 'Trade Payables' under Current Liabilities in the "Statement of Assets and Liabilities as at March 31, 2026" of the Consolidated Financial Results. The specific corrections are detailed below:

ParticularsWrong Figures (Rs. in Lakh)Correct Figures (Rs. in Lakh)
Total outstanding dues of micro enterprises and small enterprises73.01130.04
Total outgoing due to creditors other than micro enterprise and small enterprise86'57.988,601.45
TOTAL8731.498,731.49

The company confirmed that the correction pertains solely to a clerical error and does not impact the audited figures or the overall results, aside from the specified changes. The revised Financial Results have been incorporated following this correction.

GANECOS Stock Price Movement​

Shares of Ganesha Ecosphere Limited slipped today, shedding 0.56% to close at ₹1204.95. The stock saw a total traded volume of 154,309 shares during the session.
 

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Editorial Note

This news article was written and created by Shreyas, and published on IST.
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