Eco Recycling's Strategic Expansion Boosts E-Waste Capacities
Eco Recycling reported a steady net profit of Rs 8.09 crore for the June quarter, with a slight increase in total income. The company has enhanced its annual e-waste recycling capacity with a new plant in Maharashtra, targeting an extra 18,000 metric tonnes of processing.
- Country:
- India
Eco Recycling has maintained a consistent financial trajectory, posting a consolidated net profit of Rs 8.09 crore for the June quarter, mirroring its performance from the previous year.
The company's revenue saw a slight bump, rising from Rs 13.44 crore last year to Rs 13.62 crore.
Notably, Eco Recycling has bolstered its e-waste and li-ion battery repurposing capabilities by adding a new plant in Maharashtra, increasing its annual processing capacity by 18,000 metric tonnes.
(With inputs from agencies.)
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