I collated the tonnage numbers from all the business updates co. provided and found that for the past 6 qtrs C&T volumes are flat at avg 0.4 mn tons and MSW processing tonnage is avg .61 mn tons. This means there is no increase in the existing projects in terms of tonnage handled. I felt that due to increased economic activity in the past 18 months atleast the C&T volumes should have been on an uptrend. Also compost sales (though revenue could be insignificant relatively) have fallen significantly this quarter.
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