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Sunlite Recycling Industries Posts Record Profit Growth Amid Copper Price Hedges

Guavy AI Editorial Team
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Copper
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Sunlite Recycling Industries reported a significant financial turnaround in FY26, with profit after tax rising 181.4% to ₹401.5 million and total income growing 97.9% to ₹27,647.2 million.

The company's EBITDA improved to ₹596.9 million with margins expanding to 2.16%, driven by high-volume operations and strategic physical hedging of copper prices.

To capitalize on this growth, Sunlite announced a ₹37 crore capital expenditure plan to add 21,000 tons of capacity across copper and value-added product segments by Q1 FY28, financed via bank loans and internal accruals.

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