\n

New Delhi (India), October 28<\/strong>: Eco Recycling\u00a0Limited (BSE: 530643, NSE:\u00a0ECORECO),\u00a0India\u2019s first and leading professional E-waste Management Company\u00a0today announced its\u00a0unaudited financial results for the quarter ended 30thSeptember\u00a02023 (Q2\u00a0FY24).<\/p>\n

Key\u00a0Financials at a Glance:<\/p>\n

Q2 FY24\u00a0<\/p>\n

\u2022\u00a0Total Revenue of\u00a0\u20b9\u00a010.08 crore, YoY growth of 75.30 %<\/p>\n

\u2022\u00a0EBITDA of\u00a0\u20b9\u00a07.25 crore, YoY growth of 94.89 %<\/p>\n

\u2022\u00a0EBITDA Margin of 71.85 %, YoY growth of 726 Bps<\/p>\n

\u2022\u00a0Net Profit of\u00a0\u20b9\u00a06.12 crore, YoY growth of 78.43%<\/p>\n

\u2022\u00a0Net Profit Margin of 60.71 %, YoY growth of 106 Bps<\/p>\n

\u2022\u00a0EPS Of\u00a0\u20b9\u00a03.17, YoY growth of 78.09 %<\/p>\n

H1 FY24<\/p>\n

\u2022\u00a0Total Revenue of\u00a0\u20b9\u00a018.01 crore, YoY growth of 68.48 %<\/p>\n

\u2022\u00a0EBITDA of\u00a0\u20b9\u00a013.04 crore, YoY growth of 92.90 %<\/p>\n

\u2022\u00a0EBITDA Margin of 72.40 %, YoY growth of 917\u00a0Bps<\/p>\n

\u2022\u00a0Net Profit of\u00a0\u20b9\u00a010.84 crore, YoY growth of 75.12 %<\/p>\n

\u2022\u00a0Net Profit Margin of 60.19%, YoY growth of 228 Bps<\/p>\n

\u2022\u00a0EPS Of\u00a0\u20b9\u00a05.61, YoY growth of 74.77%<\/p>\n

Commenting on the performance, Mr. B K Soni \u2013\u00a0Managing Director\u00a0of\u00a0Eco Recycling Limited said,\u00a0\u201cOur endeavors in e-waste management and the promotion of eco-friendly practices have been gaining traction, yielding positive outcomes in our quarterly and half-yearly results. Environmental sustainability is paramount in today\u2019s world, and Eco Recycling Limited remains committed to spearheading the movement towards a cleaner and more sustainable future for India.<\/p>\n

Government support for such initiatives is undeniably pivotal, as it will play a crucial role in fostering significant change and contributing to the development of a more environmentally conscious society.\u201d<\/p>\n

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

New Delhi (India), October 28: Eco Recycling\u00a0Limited (BSE: 530643, NSE:\u00a0ECORECO),\u00a0India\u2019s first and leading professional E-waste Management Company\u00a0today announced its\u00a0unaudited financial results for the quarter ended 30thSeptember\u00a02023 (Q2\u00a0FY24). Key\u00a0Financials at a Glance: Q2 FY24\u00a0 \u2022\u00a0Total Revenue of\u00a0\u20b9\u00a010.08 crore, YoY growth of 75.30 % \u2022\u00a0EBITDA of\u00a0\u20b9\u00a07.25 crore, YoY growth of 94.89 % \u2022\u00a0EBITDA Margin of 71.85 %, […]<\/p>\n","protected":false},"author":1,"featured_media":21648,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[627],"class_list":["post-21647","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"wpmagazine_modules_lite_featured_media_urls":{"thumbnail":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2023\/10\/1-59-150x150.jpg",150,150,true],"cvmm-medium":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2023\/10\/1-59-300x300.jpg",300,300,true],"cvmm-medium-plus":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2023\/10\/1-59-305x207.jpg",305,207,true],"cvmm-portrait":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2023\/10\/1-59-400x600.jpg",400,600,true],"cvmm-medium-square":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2023\/10\/1-59-600x600.jpg",600,600,true],"cvmm-large":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2023\/10\/1-59-1024x900.jpg",1024,900,true],"cvmm-small":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2023\/10\/1-59-130x95.jpg",130,95,true],"full":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2023\/10\/1-59.jpg",1200,900,false]},"categories_names":{"2":{"name":"Business","link":"https:\/\/newstrackbhopal.com\/index.php\/category\/business\/"}},"tags_names":{"627":{"name":"business","link":"https:\/\/newstrackbhopal.com\/index.php\/tag\/business\/"}},"comments_number":"0","_links":{"self":[{"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/posts\/21647","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/comments?post=21647"}],"version-history":[{"count":0,"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/posts\/21647\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/media\/21648"}],"wp:attachment":[{"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/media?parent=21647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/categories?post=21647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/tags?post=21647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}