Antony Waste Reports Rs 958.8 Million Revenue in Q4FY25

31 May 2025 CW Team

Antony Waste Handling Cell Limited, a leading player in municipal solid waste management, announced a robust performance for the quarter and financial year ended March 31, 2025. The company recorded Rs 958.8 million in revenue for Q4FY25, marking a 15 per cent year-on-year growth. Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 33 per cent to Rs 57.9 million, with margins improving to 23 per cent.

For FY25, total operating revenue reached Rs 841.5 million, a 10 per cent rise from the previous year. Notably, sales of refuse derived fuel (RDF) for the quarter reached 45,200 tonnes, and compost sales surged by 165 per cent to 4,500 tonnes. Full-year RDF and compost volumes stood at 1,48,000 and 21,200 tonnes respectively.

The company’s Pimpri-Chinchwad waste-to-energy plant operated at a plant load factor of 82 per cent, while the construction and demolition recycling project achieved a 96 per cent recycling rate. A favourable Bombay High Court ruling also led to a Rs 278.6 million gain.

The Navi Mumbai contract renewal and strong order book reaffirm Antony Waste’s leadership in circular economy-driven waste management.

Source:
Antony Waste Press Release

Equipment

09 Jan 2026

BKT Partners All Teams in India’s Women’s T20 League

Balkrishna Industries (BKT), a global leader in the off-highway tyre market, announced its association as the Official Tyre Partner for all five teams competing in India’s premier women’s T20 championship – Mumbai Indians, Royal Challengers Bangalore, Delhi Capitals, Gujarat Giants, and UP Warriorz – for the upcoming season. This move reinforces BKT’s commitment to using sport as a platform for inclusion, opportunity, and long-term development.These partnerships reflect BKT’s belief in the transformative power of sport, particularly in advancing women’s participation and creating..

Rajesh Power Secures 65 MW BESS Project in Gujarat

Rajesh Power Services has recently secured a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project in Gujarat, marking its entry into utility-scale energy storage. The company received a Letter of Intent from Gujarat Urja Vikas Nigam for the project, which will be developed at Virpore under a tariff-based competitive bidding mechanism supported by Viability Gap Funding through the Power System Development Fund.The project is expected to be executed within 18 months from the signing of the Battery Energy Storage Purchase Agreement. With the ability to supply 65 MW of power for..

ONGC Forms JV with MOL for Ethane Shipping Operations

Oil and Natural Gas Corporation (Oil and Natural Gas Corporation) has recently entered the ethane shipping segment through joint venture agreements with M/s Mitsui O.S.K. Lines Ltd (Mitsui O.S.K. Lines), Japan. The agreements involve equity participation in two joint venture entities—Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited—registered at GIFT City, Gandhinagar.Under the arrangement, ONGC will subscribe to 2,00,000 equity shares of Rs 100 each in both entities, resulting in a 50 per cent equity holding in each joint venture, with the remaining stake ..