Ganesha Ecosphere hits 105% capacity as Q4 profit climbs to ₹23.21 crore

Ganesha Ecosphere finished FY26 on a sharp upward trend, posting a consolidated profit of ₹23.21 crore for the March quarter. That marks a 389% jump QoQ, fueled by standalone operations running at 105% capacity. The immediate focus for management is now scale. They have formally walked away from a planned 67,500-tonne greenfield project in Odisha, opting instead to focus on brownfield expansions to hit a 1-lakh-tonne total capacity by the end of FY27. The company is leaning on the 2026 Plastic Waste Management amendments to pull that output through the market. They also confirmed that their rFilament yarn passed the qualification process for a leading global textile brand. The shift away from greenfield projects is a clear signal that the company prefers incremental, proven capacity over the capital intensity of a new plant. Profitability depends on how well they convert these regulatory tailwinds into stable, high-margin export orders.