Waste Management company Antony Waste Handling Cell announced Q2FY26 results Financial Highlights: Total Operating Revenue for Q2FY26 of Rs 233 crore; YoY growth of 16% EBITDA for Q2FY26 of Rs 57 crore; YoY growth of 18% EBITDA margin for Q2FY26 stood at 21.6% Sales of Refuse Derived Fuel (“RDF”) for Q2FY26 reached ~40,081 tonnes Sales of Compost for Q2FY26 reached ~3,251 tonnes Jose Jacob, Chairman & Managing Director of Antony Waste Handling Cell, said, “Operational efficiencies and enhanced throughput were the primary catalysts for the Company's strong quarterly performance. Driven by higher volumes and escalated contracts, operating revenue for the quarter grew by 16% yearon-year, achieving a total of Rs 233 crore. This success reflects the resilience and scalability of its business model and underscores a relentless management commitment to ensuring the sustained delivery of value across both the environmental and commercial spheres. During the quarter, the Company sold ~40,081 tonnes of Refuse Derived Fuel (RDF) and ~3,251 tonnes of compost. For H1FY26, the Company recorded total sales of ~95,820 tonnes of RDF and ~9,858 tonnes of compost, underscoring the Company’s continued progress in waste-to-resource conversion and sustainable operations. Antony Lara Enviro Solutions Private Limited, a key subsidiary, secured two major Waste-to- Energy (WtE) projects of ~15 MW each in Andhra Pradesh, awarded by the New & Renewable Energy Development Corporation of Andhra Pradesh Ltd. The combined value of these projects stands at around Rs 3,200 crore for the concession period of 20 years. Subsequently, two new Special Purpose Vehicles Kadapa Renew Energy Private Limited and Kurnool Renew Energy Private Limited were incorporated. Furthermore, as stated before that as a part of our strategic initiative aimed at optimizing both operational performance and financial strength, the Company had proposed the merger between AG Enviro its largest wholly owned subsidiary with the publicly listed holding company. Now this merger is in its final stage as the Hon'ble National Company Law Tribunal, Mumbai Bench (“NCLT”) has admitted the Joint Company Scheme Petition. This performance reaffirms the strength of our business model and the dedication of our teams. The strong close to the first half gives us confidence in achieving all the internal targets set for FY26. We remain focused on sustaining this positive momentum, capitalizing on emerging opportunities in the evolving waste management sector, and delivering long-term value to our stakeholders in the years ahead." Result PDF