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RACE ECO CHAIN
Quarterly Results Analysis [Dec2025]

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RACE ECO CHAIN Quarterly Results

Consolidated Dec2025
UnAudited
Sep2025
UnAudited
Jun2025
UnAudited
Mar2025
UnAudited
Dec2024
UnAudited
Sep2024
UnAudited
Jun2024
UnAudited
Mar2024
UnAudited
Revenues ₹131 Cr ₹148 Cr ₹157 Cr ₹194 Cr ₹168 Cr ₹106 Cr ₹86 Cr ₹85 Cr
Expenses ₹128 Cr ₹145 Cr ₹154 Cr ₹191 Cr ₹165 Cr ₹104 Cr ₹85 Cr ₹84 Cr
Operating Income ₹3 Cr ₹4 Cr ₹3 Cr ₹3 Cr ₹3 Cr ₹2 Cr ₹1 Cr ₹1 Cr
Other Income ₹0 Cr ₹0 Cr ₹0 Cr ₹0 Cr ₹0 Cr ₹0 Cr ₹0 Cr ₹1 Cr
Interest ₹2 Cr ₹2 Cr ₹2 Cr ₹2 Cr ₹1 Cr ₹1 Cr ₹1 Cr ₹1 Cr
Depreciation ₹1 Cr ₹1 Cr ₹0 Cr ₹0 Cr ₹0 Cr ₹0 Cr ₹0 Cr ₹0 Cr
Profit Before Tax ₹1 Cr ₹2 Cr ₹1 Cr ₹2 Cr ₹2 Cr ₹1 Cr ₹0 Cr ₹0 Cr
Profit After Tax ₹1 Cr ₹2 Cr ₹0 Cr ₹2 Cr ₹2 Cr ₹0 Cr ₹0 Cr ₹0 Cr
EPS ₹1.02 ₹1.62 ₹0.20 ₹0.86 ₹0.92 ₹-0.15 ₹0.06 ₹0.07
Industry Peers & Returns1W1M1Y
RACE ECO CHAIN 6.8% 3.1% -61.6%
VA TECH WABAG -0.8% 15.2% -8.2%
ANTONY WASTE HANDLING CELL -1.7% -1% -8%
ECO RECYCLING 0.5% -11.7% -34.5%

RACE ECO CHAIN Quarterly Revenues

Revenues
Q-o-Q

-11.66 %

Y-o-Y

-22.14 %

Quarters Revenues % Change
Dec2025 ₹131 Cr
-11.66
Sep2025 ₹148 Cr
-5.29
Jun2025 ₹157 Cr
-19.19
Mar2025 ₹194 Cr
15.16
Dec2024 ₹168 Cr
58.45
Sep2024 ₹106 Cr
22.96
Jun2024 ₹86 Cr
1.50
Mar2024 ₹85 Cr -

RACE ECO CHAIN Quarterly Operating Profit

Operating Profit
Q-o-Q

-8.88 %

Y-o-Y

10.39 %

Quarters Operating Profit % Change
Dec2025 ₹3 Cr
-8.88
Sep2025 ₹4 Cr
26.27
Jun2025 ₹3 Cr
-14.75
Mar2025 ₹3 Cr
12.54
Dec2024 ₹3 Cr
63.22
Sep2024 ₹2 Cr
32.93
Jun2024 ₹1 Cr
34.20
Mar2024 ₹1 Cr -
Operating Margins
Q-o-Q

3.24 %

Y-o-Y

41.67 %

Quarters Operating Margin% % Change
Dec2025 2.55%
3.24
Sep2025 2.47%
32.80
Jun2025 1.86%
5.68
Mar2025 1.76%
-2.22
Dec2024 1.8%
2.86
Sep2024 1.75%
8.02
Jun2024 1.62%
32.79
Mar2024 1.22% -

RACE ECO CHAIN Quarterly Profit After Tax

Profit After Tax(PAT)
Q-o-Q

-60.98 %

Y-o-Y

-63.75 %

Quarters Profit After Tax % Change
Dec2025 ₹1 Cr
-60.98
Sep2025 ₹2 Cr
362.92
Jun2025 ₹0 Cr
-76.69
Mar2025 ₹2 Cr
-13.92
Dec2024 ₹2 Cr
Positive
Sep2024 ₹0 Cr
Negative
Jun2024 ₹0 Cr
-9.57
Mar2024 ₹0 Cr -
PAT Margins
Q-o-Q

-55.86 %

Y-o-Y

-53.33 %

Quarters PAT Margin(%) % Change
Dec2025 0.49 %
-55.86
Sep2025 1.11 %
382.61
Jun2025 0.23 %
-70.89
Mar2025 0.79 %
-24.76
Dec2024 1.05 %
Positive
Sep2024 -0.25 %
Negative
Jun2024 0.12 %
-14.29
Mar2024 0.14 % -

RACE ECO CHAIN Quarterly Earnings Per Share (EPS)

EPS
Q-o-Q

-37.04 %

Y-o-Y

10.87 %

Quarters EPS % Change
Dec2025 ₹1.02
-37.04
Sep2025 ₹1.62
710.00
Jun2025 ₹0.2
-76.74
Mar2025 ₹0.86
-6.52
Dec2024 ₹0.92
Positive
Sep2024 ₹-0.15
Negative
Jun2024 ₹0.06
-14.29
Mar2024 ₹0.07 -

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