Jain Resource Recycling Ltd., the newly listed company on the exchanges, reported its first quarterly result after becoming a public company on Tuesday, October 21.

These earnings are for the quarter that ended in June and not in September.

Net sales for the June quarter increased by 3.5% from the year-ago period to ₹1,549 crore from ₹1,496 crore.

However, its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the period stood at ₹90.2 crore, which is a decline of 4.1% from the ₹94.1 crore it reported during the June quarter last year.

EBITDA margin for the period narrowed slightly to 5.82% from 6.29% last year.

Among its various business segments, revenue from the Aluminium and Aluminium Alloys business increased to ₹88.7 crore from ₹42 crore last year. However

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