Concord Enviro's board met to approve Q1 FY26 financial results.

Consolidated revenue stood at Rs. 102.39 Cr, with a net profit of Rs. 4.13 Cr, marking a significant turnaround from a loss in the prior year.

The company approved a financial restructuring scheme to adjust negative retained earnings against its securities premium, aiming for a healthier balance sheet without impacting shareholding.

Additionally, it will infuse up to Rs. 40 Cr into its wholly-owned subsidiary for greenfield project capital expenditure and working capital.

Rs. 77.12 Cr of IPO proceeds have been utilized for growth initiatives.