Morgan Stanley-Backed Recykal Slips Into The Red, Posts INR 25.7 Cr Loss In FY23

Morgan Stanley-backed waste management marketplace Recykal slipped into the red in the financial year ending March 31, 2023. The Hyderabad-based startup reported a net loss of INR 25.7 Cr in the financial year 2022-23 (FY23) as against a net profit of INR 1.2 Cr in FY22.  Recykal had posted a net profit of INR 1.3 […]