Home / Business and Economy / Siyaram Recycling Lands Rs 2.10 Cr Brass Scrap Order
Siyaram Recycling Lands Rs 2.10 Cr Brass Scrap Order
10 Apr
Summary
- Secured a Rs 2.10 crore order for Brass Scrap Honey.
- Order executed within seven days from Anurag Impex.
- Company net profit jumped 93.8% in FY25.
Siyaram Recycling Industries' stock increased by 3.09%, reaching Rs 39.28 per share after securing a new order. The company announced it has received an order valued at Rs 2.10 crore from Anurag Impex for the supply of Brass Scrap Honey.
This significant order is expected to be executed within a seven-day timeframe. Siyaram Recycling Industries has clarified that the transaction does not involve promoters or their associated entities, ensuring it is not a related-party deal.
Further bolstering investor confidence, the company's financial performance for the full year shows substantial growth. Net profit surged by 93.8% to Rs 14.57 crore. This increase was accompanied by a 23.9% rise in net sales, which reached Rs 511.56 crore in FY25 compared to the previous fiscal year.
