Total Environment Repays Rs.20.70 Bn to Top Lenders

11 Jun 2024 CW Team

Real estate developer Total Environment has successfully repaid ?20.70 billion to its top lenders, significantly improving its financial standing. The repayment includes dues to major financial institutions, marking a substantial achievement for the company amid challenging market conditions. This move is expected to enhance the company's credit profile and increase investor confidence.

The repayment was made possible through a combination of internal accruals and strategic asset sales. Total Environment's management highlighted their commitment to financial prudence and their proactive approach to managing debt. The company has been focusing on cash flow management and optimising operational efficiencies to meet its financial obligations.

Total Environment's projects, known for their innovative design and sustainability, have attracted a loyal customer base, contributing to steady revenue streams. The company's ability to clear such a significant debt showcases its robust business model and operational resilience.

The repayment also aligns with the company's long-term strategy to maintain a healthy balance sheet and support future growth. By reducing its debt burden, Total Environment can allocate more resources towards expanding its project portfolio and exploring new opportunities in the real estate market.

This financial milestone comes at a time when the real estate sector is witnessing a gradual recovery post-pandemic. Total Environment's proactive debt management sets a positive precedent for other developers in the industry, emphasising the importance of fiscal responsibility and strategic planning.

For further updates and detailed financial reports, stakeholders are encouraged to follow Total Environment's official communications and financial disclosures

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..