New Delhi, Waste management solutions provider Urban Enviro Waste Management on Tuesday reported a three-fold increase in its net profit for 2023-24 compared to last year, mainly due to higher revenues.
The company reported a net profit of Rs 7.05 crore in FY2024, up from Rs 2.1 crore in FY2022-23, a company statement said.
Its revenue increased from Rs 39.15 crore in 2022-23 to Rs 102.47 crore in 2023-24.
For the full year, EPS (earnings per share) grew to Rs 16.29, up 157.57 per cent from Rs 6.33 in the previous financial year.
Kamlesh Sharma, Chairman and Managing Director, Urban, said in the statement, "We are pleased with our strong financial performance. Our commitment to innovation, sustainability and community engagement has driven our growth and positioned us as a leader in the solid waste management sector. Is established as."
Looking ahead, Sharma said the company will continue to focus on expanding its services, enhancing operational efficiencies and driving sustainable practices to create long-term value for stakeholders.
Urban Enviro Waste Management provides waste management solutions and municipal solid waste (MSW) management services across the country including waste collection transportation, separation and disposal services.
The company reported a net profit of Rs 7.05 crore in FY2024, up from Rs 2.1 crore in FY2022-23, a company statement said.
Its revenue increased from Rs 39.15 crore in 2022-23 to Rs 102.47 crore in 2023-24.
For the full year, EPS (earnings per share) grew to Rs 16.29, up 157.57 per cent from Rs 6.33 in the previous financial year.
Kamlesh Sharma, Chairman and Managing Director, Urban, said in the statement, "We are pleased with our strong financial performance. Our commitment to innovation, sustainability and community engagement has driven our growth and positioned us as a leader in the solid waste management sector. Is established as."
Looking ahead, Sharma said the company will continue to focus on expanding its services, enhancing operational efficiencies and driving sustainable practices to create long-term value for stakeholders.
Urban Enviro Waste Management provides waste management solutions and municipal solid waste (MSW) management services across the country including waste collection transportation, separation and disposal services.
