- Revenue recognition was less due to absence of reimbursements and delayed escalations.
- Strong demand for RDF refuse-derived fuel.
- The company expects employee costs to stabilize over the next 18 to 24 months.
- Outlook remain positive and strong margins are expected.
- Will consider Dividend Payout in the coming AGM.
- Revenue for the waste-to-energy project is expected to be around 60-65 Crores annually, with higher EBITDA than consolidated numbers.
- Other expenses have increased due to a significant spike in transportation expenses related to RDF and hiring costs of vehicles which has reduced margins.
- The escalation claims of 50 Crores and 6.57 Crores are confirmed by municipalities and the state government, and will be paid in instalments.
Subscribe To Our Free Newsletter |