Eco Recycling Reports 98 Percent Surge in Standalone Q1 FY25 Profit
Mumbai (Maharashtra) [India], August 12: Eco Recycling Limited (BSE: ECORECO), India’s first and one of the leading professional E-waste Management Company today announced its Unaudited financial results for the Quarter ended 31st June 2024 (Q1 FY25) Q1 FY25 Key Financials at a Glance Consolidated Standalone Particulars (₹ crore) Q1 FY25 Q1 FY24 YoY Change Q1 FY25 Q1 FY24 YoY Change Total [...]
Mumbai (Maharashtra) [India], August 12: Eco Recycling Limited (BSE: ECORECO), India’s first and one of the leading professional E-waste Management Company today announced its Unaudited financial results for the Quarter ended 31st June 2024 (Q1 FY25)
Q1 FY25 Key Financials at a Glance
Consolidated
Standalone
Particulars (₹ crore)
Q1 FY25
Q1 FY24
YoY Change
Q1 FY25
Q1 FY24
YoY Change
Total Revenues
13.44
7.93
69.48%
12.53
6.72
86.46%
EBITDA
10.23
5.80
76.38%
9.34
4.61
102.60%
EBITDA (%)
76.12
73.14
298 Bps
74.54
68.60
594 Bps
PAT
8.15
4.71
73.04%
7.41
3.75
97.60%
PAT (%)
60.64
59.39
125 Bps
59.14
55.80
333 Bps
EPS (₹)
4.23
2.44
73.36%
3.84
1.93
98.96%
Commenting on the performance, Mr. B K Soni, Chairman & Managing Director of Eco Recycling Limited said, “Our performance this quarter is an outcome of the acceptance of responsible recycling and stricter implementation of the Rules. Keeping the above factors in focus, we have consistently invested in cutting-edge technologies and have fostered a culture of innovation and compliance with international standards. This has enabled us to expand our service offerings, enhance efficiency and higher profitability.