Jain Resource Recycling Limited (JAINREC)
Credit Rating- Revision
Credit rating upgraded by CRISIL from A+/Watch Developing to AA-/Stable
- Upgrade due to restoration of operations at Unit-II and receipt of safety approvals
- Limited operational disruption and negligible financial impact from Unit-II incident
- Strong business and financial risk profile noted by CRISIL
- Established market position in non-ferrous metal recycling industry
- Positive growth prospects with increasing value-added product contribution
Source: Original filing PDF
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🚨 JAINREC — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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