Eco Recycling Limited Reports Strong Q1 FY25 Financial Results Amid Expansion Efforts

Eco Recycling Limited (BSE: ECORECO), a leader in professional E-waste management, announces strong unaudited financial results for Q1 FY25, attributing success to responsible recycling, advanced technologies, and compliance with global standards.


Devdiscourse News Desk | Mumbai (Maharashtra) | Updated: 12-08-2024 18:06 IST | Created: 12-08-2024 18:06 IST
Eco Recycling Limited Reports Strong Q1 FY25 Financial Results Amid Expansion Efforts
Eco Recycling Reports 98 per cent Surge in Standalone Q1 FY25 Profit. Image Credit: ANI
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Mumbai (Maharashtra) [India], August 12: Eco Recycling Limited (BSE: ECORECO), a pioneering force in India's E-waste management sector, revealed its unaudited financial results for Q1 FY25, showcasing notable growth.

BK Soni, Chairman & Managing Director, attributed this success to the increasing acceptance of responsible recycling and stricter rule enforcement. Soni emphasized their investments in advanced technologies and adherence to international standards, allowing the company to diversify services, enhance efficiency, and boost profitability.

Highlighting the firm's role in recycling critical minerals and supporting India's Critical Mineral Mission, Soni noted recent expansions in e-waste and Li-ion battery recycling. He underscored that their alignment with the government's EPR framework solidifies their status as a key global sustainability partner. The year-on-year growth in revenue and profitability demonstrates the effectiveness of their strategic initiatives and commitment to value creation.

(With inputs from agencies.)

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