Antony Waste – Long Term

AWHCL Quarterly Update:

• Record High Total MSW Handled: The total tonnage handled for Q1FY24 stood at ~1.20 million tonnes representing a remarkable growth of ~14% compared to the previous year. This success can be attributed to the full-scale implementation of operations at the recently acquired contracts, ramping up our existing Collection & Transportation (C&T) sites and the increased tonnage processed at the Waste Processing Operations. In the C&T business segment for Q1FY24, the Company effectively handled ~0.45 million tonnes, reflecting a growth of ~11% compared to the previous year. Additionally, the Waste Processing business expertly managed ~0.75 million tonnes, demonstrating a growth of ~16% compared to the previous year. It is important to note that the tonnage handled by the C&T business excludes projects that are billed based on fixed shifts, trips, or household counts.
• Highest ever quarterly Core Operating Revenue: In terms of Total Core Operating Revenue, which includes tipping revenue from C&T, Waste Processing, and Mechanical Power Sweeping operations, the Company witnessed a significant improvement of ~15% in Q1FY24 compared to last year taking into account various escalations
  on tipping fees and revenues from fixed shifts, trips, and household fees.
• Record Breaking Sales of Refuse Derived Fuel (RDF): Furthermore, the quarter saw a remarkable achievement with record-breaking sales of Refuse Derived Fuel (RDF). The total RDF sales reached ~27,720 tonnes, a substantial increase compared to ~4,417 tonnes in the same period last year and ~19,226 tonnes in Q4’23.