Antony Waste Soars in Q1 FY26: Revenue Jumps & Green Milestones Achieved 🚀
Hey finance enthusiasts!
Get ready for some exciting news from the world of sustainable waste management! Antony Waste Handling Cell Limited (AWHCL), a prominent player in India’s municipal solid waste (MSW) management space, has just dropped its business update for Q1 FY26, and the numbers are looking greener than ever. 🌳
The company, known for its comprehensive services from collection to disposal and waste-to-energy projects, has truly hit new performance peaks this quarter. Let’s dive into the details:
Operational Excellence Shines Bright!
Antony Waste’s core operating revenue saw a robust 11% year-on-year (YoY) growth this quarter. This isn’t just a number; it’s a clear sign of increased volumes and smart contractual escalations, showcasing the inherent strength and resilience of their business model.
Here’s a snapshot of their impressive operational achievements:
- Total Tonnage Managed: The company managed a staggering 1.33 million tonnes of waste, a new high! This reflects approximately a 12% increase YoY.
- Processing Power: Waste processing hit 0.81 million tonnes, marking a solid 13% YoY jump. This highlights their commitment to optimizing throughput and enhancing material recovery rates.
- Collection & Transportation (C&T): Their C&T operations handled 0.52 million tonnes, a strong 10% YoY rise. These numbers were largely driven by improved operational efficiency, favorable seasonal trends, and the ramp-up of operations at the CIDCO bio-mining site.
- Waste-to-Energy (WtE) Plant Efficiency: The WtE plant continued to impress, maintaining a Plant Load Factor (PLF) of approximately 84%. This consistency underlines the reliability and efficiency of their energy recovery operations.
Circular Economy in Action: Record Sales & EPR Milestone!
A key highlight this quarter, truly demonstrating Antony Waste’s focus on circularity, was their record-breaking sales of recycled products:
- Compost Sales: Around 6,600 tonnes of compost were sold, up 10% YoY. This is fantastic news for sustainable agriculture!
- Refuse-Derived Fuel (RDF) Sales: Even more impressively, RDF sales surged by a whopping 62% YoY to approximately 55,500 tonnes. This showcases their ability to maximize resource recovery and support the alternative energy market. ♻️
But wait, there’s more! The company achieved a significant strategic milestone with the successful commercial launch of its Extended Producer Responsibility (EPR) initiative within the Waste-to-Energy (WtE) division. For those new to the term, EPR is a policy approach that gives producers significant responsibility for the treatment or disposal of post-consumer products. It’s crucial for managing waste like plastics.
The PCMC WtE project has been officially registered to qualify for EPR credits through its plastic processing operations. In Q1 FY26, Antony Waste began monetizing these credits, selling 20% of the over 94,400 metric tons of EPR credits allocated for the first year of operations. This isn’t just a win for sustainability; it establishes a new revenue stream for the division, further positioning Antony Waste as a leader in the evolving circular economy landscape.
This update truly solidifies Antony Waste Handling Cell Limited’s position as a frontrunner in India’s waste management sector, consistently delivering strong operational performance while innovating for a more sustainable future. Keep an eye on this space for more updates! 🌍
source: Corporate Announcement
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