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Concord Enviro Systems Ltd consolidated sales down 58.58% on year in Q2FY2026, net profit tanked by 224.08%
12-Aug-2026, 03:05
Concord Enviro Systems Ltd share price declined by 0.87% to Rs 273.5 after the company's net profit tumbled by 224.08% to Rs 17.57 crore, while revenue from operations dropped sharply 58.58% to Rs 85.35 crore in Q2FY26 over Q1FY26. The market capitalization of Waste Management industry group stocks on BSE stood at Rs 9213.68 crore, slipping 8.49%. It has eased by 3.14% over last one week and crept higher by 4.71% in last one month while the market capitalization of Concord Enviro Systems Ltd has slipped by 1.74% and 5.90% in the same period respectively. Profit before tax (PBT) of Concord Enviro Systems Ltd stood at Rs 20.14 crore in Q2 FY26, nosediving by 520.46% year-on-year, and plunging by 216.75% quarter-on-quarter. EBITDA came in at Rs 21 crore, surging by 34.00% YoY and tanking 254.11% sequentially. Total expenses plunged by 45.26% to Rs 105.43 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 38.2 crore, tumbling by 47.51% YoY, while employee benefits expense was at Rs 30.22 crore, collapsing by 15.44% YoY. For the TTM ended FY26, revenue from operations improved 19.64% to Rs 594.44 crore, while net profit witnessed a sharp fall of 39.45% to Rs 58.19 crore, compared to previous TTM. EBITDA jumped by 9687% to Rs 88.48 crore, and PBT collapsed by 34.66% to Rs 64.47 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 4.75 crore in FY26, as against Rs 34.67 crore in FY25. Concord Enviro Systems Ltd nosedived by 48.16% in last one year, underperforming the benchmark BSE Sensex which has slipped by 3.04% during the same period.