
Eco Recycling Limited reports a massive 78% increase in Net Profit for Q2 FY24
New Delhi (India), October 28: Eco Recycling Limited (BSE: 530643, NSE: ECORECO), India’s first and leading professional E-waste Management Company today announced its unaudited financial results for the quarter ended 30thSeptember 2023 (Q2 FY24).
Key Financials at a Glance:
Q2 FY24
• Total Revenue of ₹ 10.08 crore, YoY growth of 75.30 %
• EBITDA of ₹ 7.25 crore, YoY growth of 94.89 %
• EBITDA Margin of 71.85 %, YoY growth of 726 Bps
• Net Profit of ₹ 6.12 crore, YoY growth of 78.43%
• Net Profit Margin of 60.71 %, YoY growth of 106 Bps
• EPS Of ₹ 3.17, YoY growth of 78.09 %
H1 FY24
• Total Revenue of ₹ 18.01 crore, YoY growth of 68.48 %
• EBITDA of ₹ 13.04 crore, YoY growth of 92.90 %
• EBITDA Margin of 72.40 %, YoY growth of 917 Bps
• Net Profit of...