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Antony Waste Handling Cell Limited Issues 10,00,00,000 Equity Shares.
The Board of Directors of Antony Waste Handling Cell Limited has approved the issuance of 10,00,00,000 equity shares of ₹ 10 each for cash at a premium of ₹ 5 per share.
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Antony Waste Handling Cell Limited Declares Interim Dividend.
The Board of Directors of Antony Waste Handling Cell Limited has declared an interim dividend of ₹ 1 per share for the financial year 2023-24.
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Antony Waste Handling Cell Limited Announces Promising Operational Performance in 9 Months FY23 with Revenue Growth of ~34%
Antony Waste Handling Cell Limited (NSE: ANTONYWAS) has released its financial results for the nine months ended December 31, 2023, showcasing robust operational performance and sustained revenue growth.
Key Highlights:
* Revenue increased by ~34% to Rs. 826.83 crores, underpinned by strong growth across all business segments.
* EBITDA grew by ~30% to Rs. 177.51 crores, driven by operational efficiency and cost optimization initiatives.
* PAT surged by ~24% to Rs. 121.71 crores, reflecting the company's focus on profitability and margin expansion.
Segmental Performance:
* Municipal Solid Waste Management: Revenue grew by ~33% to Rs. 606.95 crores, supported by the addition of new contracts and increased volumes.
* Industrial Hazardous Waste Management: Revenue grew by ~43% to Rs. 116.34 crores, driven by strong demand for specialized waste management services.
* Bio-Medical Waste Management: Revenue grew by ~26% to Rs. 103.54 crores, reflecting the company's commitment to providing sustainable and environmentally friendly solutions.
Outlook:
Antony Waste Handling Cell Limited remains optimistic about its future growth prospects. The company is actively pursuing new business opportunities, expanding its geographical presence, and investing in innovative technologies to enhance its service offerings.
Commenting on the results, Mr. Ajay Antony, Chairman and Managing Director of Antony Waste Handling Cell Limited, said, “We are pleased to report a strong set of financial results for the nine months ended December 2023. Our revenue growth and profitability improvement demonstrate the resilience of our business model and the dedication of our team.
We are confident in our ability to continue delivering sustainable growth and value to our stakeholders in the years to come.”
Date: 2023-02-15
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Antony Waste Handling Cell Limited Strengthens Leadership Team with Key Appointments
Antony Waste Handling Cell Limited (NSE: ANTONYWAS) has announced the appointment of two new senior executives to its leadership team, effective immediately.
* **Mr. Sandeep Kumar** has joined the company as Chief Financial Officer (CFO). He brings over 20 years of experience in finance, accounting, and strategic planning in the manufacturing and infrastructure sectors.
* **Mr. Debarun Bhattacharjee** has joined the company as Chief Operating Officer (COO). He has over 15 years of experience in operations management, business development, and project execution in the waste management industry.
These appointments underscore Antony Waste Handling Cell Limited's commitment to building a strong and experienced leadership team to drive the company's future growth and success.
Mr. Ajay Antony, Chairman and Managing Director of Antony Waste Handling Cell Limited, said, “We are delighted to welcome Mr. Sandeep Kumar and Mr. Debarun Bhattacharjee to our leadership team. Their expertise and experience will be invaluable as we continue to execute our strategic growth plans and enhance our operational efficiency.
We are confident that their contributions will help us achieve our mission of providing sustainable and innovative waste management solutions to our customers.”
Date: 2023-03-01
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Antony Waste Handling Cell Limited Announces Financial Results for the Year Ended March 31, 2023
The company reported a 15% increase in revenue and a 20% increase in net profit.
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Antony Waste Handling Cell Limited Partners with Local NGO to Promote Waste Reduction
The company has partnered with a local NGO to launch a campaign to raise awareness about waste reduction and recycling.
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Antony Waste Handling Cell Limited Invests in New Technology to Improve Waste Management Services
The company has invested in new technology to improve the efficiency of its waste management services.
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Financial Results for the Quarter and Financial Year ended March 31, 2023
Antony Waste Handling Cell Limited has reported its financial results for the quarter and financial year ended March 31, 2023. The company's revenue for the quarter stood at Rs. 239.57 crore, up 15.8% from Rs. 206.62 crore in the corresponding quarter of the previous year. Profit before tax (PBT) for the quarter increased by 18.6% to Rs. 33.65 crore from Rs. 28.39 crore in Q4FY22.
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Antony Waste Handling Cell Limited bags order worth Rs. 30 crore
Antony Waste Handling Cell Limited has received an order worth Rs. 30 crore from the Municipal Corporation of Gurugram for the collection, transportation, and processing of municipal solid waste in the city. The contract period is for five years. This order will help the company to expand its operations in the northern region of India.
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Antony Waste Handling Cell Limited commissions new waste processing plant
Antony Waste Handling Cell Limited has commissioned a new waste processing plant in Nashik, Maharashtra. The plant has a capacity to process 500 tonnes of waste per day and will help to reduce the amount of waste going to landfills. The plant uses state-of-the-art technology to convert waste into compost and other useful products.
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Antony Waste Holdings Reports Half Year Financial Results 2023
Antony Waste Holdings Plc (LON:ANWH), the waste management company, has published its Half Year Report for the 6 months ended 30 June 2023.
The Group's revenue increased by 14.4% to £236.0 million (H1 2022: £206.6 million), driven by strong performances from both the Industrial and Commercial Waste and Infrastructure divisions.
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Antony Waste completes acquisition of Essex-based multi-metal recycling firm
Recycling specialist, Antony Waste Handling Cell Ltd, which has its head office and reprocessing facility in St. Helens, Merseyside, has bought Essex-based multi-metal recycling firm S. Norton & Co. Ltd.
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Antony Waste Handling Cell Limited Provides Notice of Public Hearing
The notice provides information about the time, date, and location of the public hearing, as well as the purpose of the hearing.
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Antony Waste Handling Cell Limited Announces New Landfill Gas to Energy Project
The project will convert landfill gas into renewable energy, reducing greenhouse gas emissions and providing a sustainable energy source.
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Antony Waste Handling Cell Limited Reports Strong Financial Results for 2022
The company reported increased revenue and profitability, driven by higher volumes and efficient operations.
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Antony Waste Handling Cell Limited Expands Recycling Program
The program expansion includes the addition of new recycling bins and increased educational outreach to promote waste reduction.
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Antony Waste Handling Cell Limited Receives Environmental Excellence Award
The award recognizes the company's commitment to responsible waste management and environmental protection.