Attero's E-Waste Expansion Drives 100% Revenue Growth

E-waste recycler Attero anticipates doubling its revenue to Rs 2,000 crore this fiscal year, propelled by automation and operational efficiencies. With current facilities and the upcoming addition of new plants, Attero aims to significantly expand its recycling capacity and enhance profit margins.

E-waste and critical mineral recycler Attero is set to close the current fiscal year with a remarkable 100% year-over-year growth in revenue, reaching approximately Rs 2,000 crore, according to Nitin Gupta, co-founder and CEO. This surge is attributed to improvements in profit margins driven by automation, logistics efficiencies, and operational scale.

Gupta stated, "We aim for 100% annual growth -- profitable and cash-flow-positive. Our profits are rising due to deep automation, reduced logistics costs, and scale operations." The company had revenue around Rs 1,000 crore in FY25 and now operates at an annualized Rs 2,000 crore rate.

Attero is enhancing its recycling capacity, with existing facilities processing 1.44 lakh tonnes annually. Upcoming expansions will increase the capacity to 2.44 lakh tonnes. As India increases electronics usage, Attero's new plants aim to efficiently handle large e-waste volumes with advanced technology.