Eco Recycling Limited, India’s pioneering professional e-waste management company, has announced its unaudited financial results for the first quarter of FY26, reporting robust growth across key metrics.

On a consolidated basis, the company posted total revenue of Rs 136.2 million in Q1 FY26, marking a 43.4 per cent increase from Rs 95 million in Q4 FY25. EBITDA rose 41.1 per cent quarter-on-quarter to Rs 94.4 million, while Profit After Tax (PAT) surged 267.7 per cent to Rs 80.9 million. The PAT margin expanded sharply to 59.4 per cent from 23.2 per cent. Earnings per share (EPS) increased to Rs 4.19 from Rs 1.19, up 252.1 per cent.

On a standalone basis, the company achieved revenue of Rs 122 million, up 12.6 per cent from the previous quarter. EBITDA remained steady at Rs 80.6 million. Standalone PAT rose 15.8 per cent to Rs 67.1 million, with a PAT margin improvement of 2,631 basis points to 55 per cent.

Chairman and Managing Director Mr. B K Soni stated, “We are pleased with the steady progress made during the quarter, which underscores the strength of our strategy and execution. The recent commissioning of our 40,000 sq. ft. advanced facility, featuring a dedicated lithium-ion battery recycling line, has significantly expanded our processing capacity and compliance readiness under the E-Waste Management Rules, 2022.”

He added that these expansions have been entirely funded through internal accruals, reaffirming the company’s zero-debt position and financial discipline. He also highlighted Eco Recycling’s appointment to the Technical Advisory Committee of SERI, a global authority for responsible e-waste recycling, as a testament to the company’s leadership in sustainable waste management.

With increasing regulatory push, the rollout of India’s centralised EPR portal, and global developments such as Japan’s USD 400 million minerals recovery initiative, the e-waste and battery recycling industry is entering a transformative phase. Eco Recycling is strategically placed to leverage these shifts, drive innovation in resource recovery, and support India’s circular economy objectives.