Commercial Services company Antony Waste Handling Cell announced Q4FY24 & FY24 results: Total Operating Revenue for FY 2024 at Rs 766 crore; YoY growth of 19% Annual Core EBITDA of Rs 198 crore; YoY growth of 29% Core EBITDA margins for FY24 was 23%, an improvement of 150 bps YoY Sales of Refuse Derived Fuel (“RDF”) for FY24 grew by 187% reaching approximately ~1,45,720 tonnes, a substantial increase from the previous year's ~50,851 tonnes Commenting on the results, Jose Jacob, Chairman & Managing Director of Antony Waste Handling Cell Limited, said, " We are pleased to announce that FY24 recorded a 19% increase in operating revenue compared to the previous year, reaching Rs 766 crore, in line with our expectations. Total operating revenue, excluding contract revenue but including revenue from the sale of recyclables and Refuse Derived Fuel (RDF), stood at Rs 829 crore, reflecting a 21% year-over-year growth. This uptick is attributable to enhanced operational efficiency, driven by increases in tipping fees and revenue from fixed shifts, trips, and household fees. Additional revenue growth was supported by contributions from the new Collection & Transportation (C&T;) project in Panvel and the first full quarter of power sales from the Waste-to-Energy (WtE) project. Our Core EBITDA stood at Rs 198 crore, effecting a 29% year-over-year growth, with a Core EBITDA margin of 23%. These results highlight our dedication to operational excellence and our ability to create substantial value for our stakeholders.” Result PDF