Nupur Recyclers Limited Achieved Turnover of Rs. 163.17 Cr. with Net Profits of Rs. 18.87 Cr. in FY 21-22
3 min readNupur Recyclers Limited, a longtime Company in Non-ferrous steel scrap recycling Industry, printed its audited monetary outcomes for the Financial Year ending March 31, 2022. During the FY 2021-22, firm has achieved a prime line of over Rs. 163.17 Cr. with Net Profits of Rs. 18.87 Cr.
Net revenue after tax has elevated from Rs. 10.00 Cr. for the FY 2020-21 to Rs. 18.87 Cr. for the FY 2021-22 as towards the rise of turnover from Rs. 104.97 Cr. for the FY 2020-21 to Rs. 163.17 Cr. for the FY 2021-22, which shows conscious and environment friendly administration of enterprise whereas holding the prices below management.
Financial Highlights – (Figures in Rs. Lakhs besides EPS)
FY 21-22 (Audited) | FY 20-21 (Audited) | Increase/(Decrease) | |
Revenue from Operations and different earnings | 16317.29 | 10497.22 | 555.44% |
Total Expenses | 13748.62 | 9154.47 | 550.18% |
Profit Before Tax | 2568.66 | 1342.76 | 591.30 % |
Tax Expense | 681.54 | 342.27 | 599.12% |
Profit After Tax | 1887.13 | 1000.49 | 588.62% |
Interest Cost | 90.56 | 136.28 | 633.55% |
Net price | 6313.12 | 1005.99 | 5527.55% |
EPS | 10.08 | 5.82 | 573.20% |
Mr. Rajesh Gupta, Founder and CEO, Nupur Recyclers was euphoric to share annual numbers for the FY 21-22, he stated, “Financial Year 21-22 is a yr of achievement as the corporate went for its maiden IPO. With a Y-o-Y progress of 88.62% in PAT margins, we’re fairly optimistic for present monetary yr progress. Our stakeholders and different companions in provide chain are our actual power and we will proceed to work tougher for them.”
Briefing on the corporate’s future growth plans in the course of the present monetary yr, Mr. Gupta up to date, “Company has already roped in Go Green Environment to continuously work in direction of growing an efficient ESG framework compliant with BRSR (Business Responsibility and Sustainability Reporting) format. We are keenly trying ahead to accumulate Hydrometallurgy plant in order to extract zinc, copper, nickel and many others. in an eco-friendly manner. We are additionally trying ahead to have a controlling stake in e-waste corporations. Company is already below oath to maintain the surroundings protected whereas taking care of stakeholders’ curiosity.“
About Nupur Recyclers Limited
Nupur Recyclers Limited is a well-established Company in non-ferrous steel scrap recycling business having lengthy expertise in buying and selling and processing/ manufacturing of non-ferrous steel scrap. Equity shares for NRL had been listed on NSE Emerge platform on Dec 23, 2021.
For extra data relating to NRL please go to the corporate’s personal web site www.nupurrecyclers.com.
Safe Harbor Statement
This Press Release is ready solely for data functions and don’t represent any provide, suggestion or invitation to buy or subscribe for any securities, and shall not kind the idea or be relied on in connection with any contract or binding dedication in anyway. This Press Release is probably not all inclusive and will not comprise all of the data that you could be take into account materials. Any legal responsibility in respect of the contents of, or any omission from, this Press Release is expressly excluded.
About Author
