Antony Waste Sees Solid Start to FY25 with 11% Rise in Core Revenue

Antony Waste Handling Cell kicked off the financial year with an encouraging Q1 performance, reporting an 11% yearoveryear increase in core operating revenue. The numbers reflect solid traction across key areas like collection and transportation, waste processing, and energy recovery.

 

Core revenue includes tipping fees and sales from the wastetoenergy plant in Pimpri, which ran at an 89% capacity—up from 71% last quarter. The company handled 1.18 million tonnes of waste this time around, up 6% from last year.

 

Here’s how the quarter shaped up:

Antony Waste also added new projects in Panvel and rolled out power sweeping in Nagpur and PCMC. These expansions are expected to bring in steady cash flows.

 

Looking ahead, the company plans to launch a construction and debris processing facility in Mumbai. Management will stay focused on keeping operations tight and investing selectively—especially in projects that promise both profitability and sustainability.

 

Sources: Business Standard, Angel One, Antony Waste Q1 FY25 Business Update, CNBCTV18, GuruFocus.