Ecosure posts strong FY24 results

24 October 2024

Ecosure Pulpmolding Technologies displayed remarkable financial performance in 2024, with exceptional growth in revenue, profits, and financial strength. The substantial increases in PAT and EPS reflect the company’s ability to capitalize on its growth opportunities effectively, positioning itself well for future expansion.

• Exceptional Revenue & Profit Growth: Ecosure Pulpmolding Technologies saw a significant revenue increase of 50.65% to ₹50.3 Crores. The Profit After Tax (PAT) experienced a dramatic growth of 720.82%, reaching ₹5.8 Crores, showcasing substantial profitability improvements.
• Remarkable EPS Surge: Earnings per share (EPS) skyrocketed by 720.77% to ₹1,165.25, indicating strong returns for shareholders and a substantial boost in the company’s profitability on a per-share basis.
• Strengthened Financial Structure: Total assets almost doubled, with a 93.54% increase to ₹46.4 Crores, while total equity surged by 504.70%, reaching ₹7.0 Crores. This highlights the company’s enhanced financial stability and growth potential.