Nupur Recyclers Limited — Updates, 31-01-2025: Press Release

Nupur Recyclers Limited has reported strong financial performance for the nine months ended December 2024, surpassing the total audited results for FY 2023-24. Key financial highlights include an EBITDA of ₹21.10 crore, representing a 60.60% increase from ₹13.13 crore in the previous year. Profit before tax (PBT) reached ₹18.49 crore, up 47.01% compared to ₹12.58 crore. Net profits stood at ₹13.96 crore, exceeding the complete financial year 2023-24 profits of ₹8.62 crore.

The company's operational efficiencies and strategic expansions in the metal recycling sector have positioned it for continued growth. Mr. Rajesh Gupta, Managing Director, reiterated their commitment to sustainability and innovation, citing investments in advanced recycling technology and plans to expand into lithium-ion battery recycling as key elements for future success.

With the metal recycling industry trending positively, Nupur Recyclers is set to enhance its market leadership and diversify its offerings. Investors could see promising growth opportunities ahead as the company capitalizes on these favorable market conditions.