Namo eWaste Management Limited — Updates, 15-11-2024: Press Release

NAMO eWaste Management Limited has reported impressive financial growth for H1 FY25, with total income soaring to ₹6700.13 Cr, an incredible 88.40% increase year-on-year. EBITDA also rose significantly by 42.46% to ₹680.96 Cr, resulting in an EBITDA margin of 10.16%. PAT nearly doubled, increasing by 95.77% to ₹534.31 Cr, reflecting a robust PAT margin of 7.97% and an EPS of ₹2.34. The company's Managing Director, Mr. Akshay Jain, highlighted the strong operational performance, bolstered by sustainability trends and strategic initiatives. Looking ahead, NAMO eWaste is set to leverage IPO funds for a new lithium-ion battery recycling facility in Nashik, expected to commence operations in Q1 FY26, positioning the company for further growth in the expanding battery waste recycling market. The outlook remains positive as NAMO continues to solidify its leadership in electronic waste management.