Results - Announcements
Concord Enviro Systems Ltd share price inched up 3.94% to Rs 235.95 after the company's net profit tumbled by 76.66% to Rs 4.1 crore, while revenue from operations gained significantly 57.54% to Rs 134.46 crore in Q3FY26 over Q2FY26.
The market capitalization of Waste Management industry group stocks on BSE stood at Rs 9912.44 crore, easing 1.07%. It has sharply increased by 53.79% over last one week and soared by 19.74% in last one month while the market capitalization of Concord Enviro Systems Ltd has marginally improved by 2.41% and 14.85% in the same period respectively.
Profit before tax (PBT) of Concord Enviro Systems Ltd stood at Rs 2.7 crore in Q3 FY26, nosediving by 167.00% year-on-year, and crashing by 86.59% quarter-on-quarter. EBITDA came in at Rs 7 crore, rallying 293.71% YoY and tanking 132.26% sequentially.
Total expenses jumped by 25.14% to Rs 131.94 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 47.16 crore, jumping 23.46% YoY, while employee benefits expense was at Rs 29.7 crore, seeing a marginal contraction of 1.72% YoY.
For the TTM ended FY26, revenue from operations declined slightly by 6.15% to Rs 557.86 crore, while net profit witnessed a sharp fall of 60.82% to Rs 22.8 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 9265% to Rs 8.82 crore, and PBT tanked by 60.12% to Rs 25.71 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 23.16 crore in FY26, as against Rs 4.75 crore in FY25.
Concord Enviro Systems Ltd crashed 50.76% in last one year, underperforming the benchmark BSE Sensex which has eased by 8.41% during the same period.