EPL aims for ₹20,000 crore revenue by 2031 after Blackstone exit
after close1 source ↓written by the desknot a recommendation
- in revenue
- ₹20,000 crore
- involved selling
- 26.4% stake
- in EPL
- 52%
- in revenue initially
- ₹10,000 crore
- by 2031
- ₹4,000 crore
EPL Limited plans to achieve ₹20,000 crore in revenue by 2031, driven by its merger with Indovida, pending regulatory approval. Following Blackstone's exit, which involved selling a 26.4% stake, the merger is expected to enhance IVL's stake to 52% in EPL. The combined entity aims for ₹10,000 crore in revenue initially, with EBITDA projected to reach ₹4,000 crore by 2031.
Not investment advice. For informational purposes only.