Nupur Recyclers Limited — Updates, 14-11-2024: Press Release

Nupur Recyclers Limited has reported strong financial performance for Q2 FY25, with total income at Rs. 5,349.16 Cr, a decrease of 30.30% year-on-year. However, operating EBITDA surged by 156.61% to Rs. 589.84 Cr, reflecting an improving operating EBITDA margin, which rose to 11.03%, compared to 3.00% in Q2 FY24. Profit After Tax (PAT) increased by 96.90% to Rs. 475.82 Cr, with a PAT margin of 8.90%, up from 3.15% a year earlier.

Management attributes this growth to strategic expansions into metal recycling and related products, underscoring a commitment to sustainability and innovation. The company's ongoing investments in metal scrap processing, aluminum extrusion, and plans for lithium-ion battery recycling are expected to drive further growth and align with eco-friendly practices. This positive outlook positions Nupur Recyclers as a key player in the evolving recycling industry.