Metals recycling firm Runaya sees revenues doubling in FY24

Runaya – a metals recycling company – which processes aluminium scrap and smelting residues from zinc, expects to more than double its revenue in 2023-24 (Apr-Mar) from ₹400 crore in FY23, said Naivedya Agarwal, chief executive officer and co-founder at the company. Operating profit for the year is likely in the range of ₹250 crore to ₹270 crore.