Business Update15 Jul 2024, 01:25 pm
Antony Waste Handling Cell Ltd Reports 11% YoY Increase in Q1 FY25 Core Operating Revenue
AI Summary
Antony Waste Handling Cell Ltd has reported a 11% year-on-year increase in core operating revenue for the quarter ended June 30, 2024. The improvement is attributed to strong operational performance in the Collection and Disposal (C&T) business and the Waste to Energy (WtE) plant in Pimpri. The company handled 1.18 million tonnes of waste, a 6% YoY increase, with the C&T business efficiently handling 0.47 million tonnes, a 4% YoY growth. The WtE plant achieved an impressive Plant Load Factor (PLF) of 89% during the quarter. The company also reported a 23% YoY increase in Refuse Derived Fuel (RDF) sales and a 115% YoY increase in compost sales.
Key Highlights
- 11% YoY increase in core operating revenue in Q1 FY25
- C&T business handled 4% more waste than the corresponding period last year
- Waste to Energy plant achieved a Plant Load Factor (PLF) of 89%
- 23% YoY increase in Refuse Derived Fuel (RDF) sales
- 115% YoY increase in compost sales