Antony Waste Handling’s operating revenue rise 22% in Q3 FY22

Antony Waste Handling Cell has shared that its total operating revenue, including tipping revenue from collection and transportation, mechanical power sweeping and waste processing for Q3 FY22 grew about 22% Y-o-Y (year-on-year), while remaining stable on a sequential basis.

The total tonnage handled by the collection & transportation business (excluding those projects with fixed shifts/ trips/ households) in Q3 FY22 has reported around 13% growth over Y-o-Y (year-on-year) and around 3% growth sequentially, while total waste processed by the company during Q3 FY22, improved by around 6% Y-o-Y and around 4% sequentially.

Total compost sales during Q3 FY22 stood at 3,144 tons as compared to 2,908 tons in Q2 FY22 and 2,291 tons in Q3 FY21.

The press statement further added that, “With the new variant of COVID-19, Omicron spreading across the country, there has been mixed reports on the impact of the same on businesses. It is too early for us to estimate the impact of this variant on the tonnage that is getting generated from commercial activities in the cities that we provide our services. For now, we have not seen much impact of waste from the residential zones.”