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LICO Materials targets ₹450-500 crore revenue in current fiscal: CEO
Lithium-ion battery recycling and refurbishing firm LICO Materials is targeting revenue of about Rs 450500 crore in 202627, driven by higher material-processing volumes, improved capacity utilisation, and greater availability of end-of-life lithium-ion batteries, its CEO Gaurav Dolwani said. The company recorded revenue of approximately Rs 350 crore in 202526, Dolwani said, adding that its processing capacity has expanded significantly since the company last discussed its operations around Marc…
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