Waste Management company Antony Waste Handling Cell announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Total Operating Revenue for Q4FY25 of Rs 223 crore; YoY growth of 14% EBITDA for Q4FY25 of Rs 58 crore; YoY growth of 33% EBITDA margin for Q4FY25 stood at 23%; an improvement of ~300 bps YoY Sales of Refuse Derived Fuel (“RDF”) for Q4FY25 reached ~45,200 tonnes, YoY growth of 8% Sales of Compost for Q4FY25 reached ~4,500 tonnes, YoY growth of 165% PAT stood at Rs 46 crore for Q4FY25 compared to Rs 30 crore for Q4FY24 FY25 Financial Highlights: Revenue from Operations rose by 7%, from Rs 894.8 crore to Rs 958.8 crore. EBITDA increased by 9%, from Rs 201.8 crore to Rs 220.2 crore. EBITDA Margin improved slightly from 22.6% to 23.0%. PAT rose marginally by 1%, from Rs 99.9 crore to Rs 100.6 crore. Commenting on the results, Jose Jacob, Chairman & Managing Director of Antony Waste Handling Cell, said, “For the quarter ended March 2025, the Company delivered a robust performance, with revenue increasing by 15% year-on-year and EBITDA climbing 33%, supported by enhanced operational efficiency at our WtE plant. Profit before tax (PBT) has nearly tripled, primarily due to significant gains from favourable order of Bombay High court, undeRs coring our commitment to contractual integrity For the full fiscal year 2025, revenue grew by 7% and EBITDA rose by 9% to reach Rs 220.2 crore, resulting in an EBITDA margin of 23%, consistent with our stated guidance. However, PBT before exceptional items declined by 13%, reflecting higher interest and depreciation expenses following the commissioning of our WtE and Construction & Demolition (C&D;) projects. Notably, cash PBT increased by 16% to Rs 188.4 crore, further strengthening our financial flexibility. This strong financial foundation positions us well to consolidate our recent investments in C&D; and WtE technologies and paves the way for accelerated growth in the coming periods. Operationally, we achieved record annual sales for both Compost and Refuse Derived Fuel (RDF), demonstrating the growing momentum of our waste valorisation efforts. In the March quarter alone, RDF sales reached approximately 45,200 tonnes, while Compost sales were around 4,500 tonnes. For the full year, RDF sales rose to about 1,48,000 tonnes and Compost sales nearly doubled to approximately 21,200 tonnes, compared to 1,46,000 tonnes and 10,000 tonnes, respectively, in the previous year. This strong growth highlights our continued focus on converting waste into valuable resources, also reflecting increasing market acceptance and demand for its high-quality, sustainable products. Additionally, our wholly owned subsidiary, AG Enviro, has commenced ward-wise operations under the newly re-awarded contract from the Navi Mumbai Municipal Corporation which will bolster our revenue going forward. This strategic renewal showcases the Company’s strong foothold in the region and reaffirms its proven capability to successfully re-secure and efficiently execute C&T; projects. Antony Waste continues to lead in urban circularity through efficient waste management solutions that transforms waste into resources. Our commitment to sustainability aligns with ESG principles, reduces landfill dependence, and enhances resource recovery. These advancements, coupled with emerging MSW sector opportunities, position us for long-term growth and reinforce our leadeRs hip in responsible waste management and the circular economy. Result PDF