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Jain Resource Recycling Q2 profit jumps 78 % YoY to ₹992 million on higher volumes
Jain Resource Recycling Q2 profit rose 78 % YoY to ₹992 million on higher volumes and improved margins as metal-recycling demand soared amid India’s infrastructure and green-economy growth push.
Jain Resource Recycling Ltd reported a consolidated net profit of ₹992 million for Q2 FY25, up 78 % YoY from ₹558 million, on revenues of ₹21.14 billion versus ₹13.92 billion last year. EBITDA rose to ₹1.6 billion from ₹878 million, lifting margins to 7.57 %. The company benefited from strong metal-recycling demand in automotive and infrastructure sectors amid India’s green-economy push. Management said scrap imports and automation investments are improving capacity utilization and cost efficiency ahead of new plant expansions in FY26.