Latest news with #AntonyWasteHandlingCell
Mint
14 hours ago
- Business
- Mint
Antony Waste share price jumps 7% after winning ₹3,200 crore contract. Do you own?
Antony Waste Handling Cell share price jumped nearly 7 per cent to ₹ 635 apiece in the early trading session on Wednesday, August 13, after the company secured two new contracts for the development of waste-to-energy plants. Antony Waste shares have remained volatile, delivering mixed returns in the near-term. The stock has gained nearly 7 per cent in the last six months; however, it has shed 18 per cent in one year. In a press release issued on August 13, Antony Waste Handling Cell revealed that its subsidiary, Antony Lara Enviro Solutions, has secured two significant waste-to-energy (WTE) projects of 15 MW each from the New & Renewable Energy Development Corporation of Andhra Pradesh Ltd. The total value of the project is estimated at approximately ₹ 3,200 crore. This agreement also signifies the Antony Group's entry into the Southern Indian market. The company is based in Thane, Maharashtra. 'We wish to inform that one of our material subsidiaries, Antony Lara Enviro Solutions Private Limited, has received two new contracts for the development of Waste-to-Energy Plants, each with a capacity of ~15 MW at the Kadapa Cluster and Kurnool Cluster in Andhra Pradesh,' the company said in the filing. Under a 20-year concession period, the power produced will be procured by the Andhra Pradesh Southern Power Distribution Company (APSPDCL) at a rate of ₹ 8.10 per unit to supply the Kurnool and YSR Kadapa regions. The projects are scheduled for completion within 24 months from the later of the following events — signing the concession agreement, executing the Power Purchase Agreement (PPA), or transferring the land. 'The company is honored to be selected by Andhra Pradesh Government for these landmark Waste-to-Energy projects, underscoring its proven technical leadership, strong execution capabilities, and deep commitment to sustainable waste management. By converting waste into clean, renewable energy, the Company addresses critical environmental and energy challenges while advancing Andhra Pradesh's vision for a greener, cleaner future. Building on its solid track record in integrated waste management, these projects will significantly expand the Company's renewable energy footprint, diversify revenue streams, and create lasting value for stakeholders—reinforcing its role as a key driver of India's clean energy transition," said Jose Jacob, Chairman & Managing Director, Antony Waste Handling Cell Limited.
Mint
16 hours ago
- Business
- Mint
Antony Waste share price jumps 7% after winning ₹3,200 crore contract. Do you own?
Antony Waste Handling Cell share price jumped nearly 7 per cent to ₹ 635 apiece, in early trading session on Wednesday, August 13 after the company secured two new contracts for development of Waste-to-Energy Plants. Antony Waste shares have remained volatile delivering mixed returns in the near-term. The stock has gained nearly 7 per cent in last six months, however, has shed 18 per cent in one year. In a press release issued on August 13, Antony Waste Handling Cell revealed that its subsidiary, Antony Lara Enviro Solutions, has secured two significant waste-to-energy (WTE) projects of 15 MW each from the New & Renewable Energy Development Corporation of Andhra Pradesh Ltd. The total value of the project is estimated at approximately ₹ 3,200 crore. This agreement also signifies the Antony Group's entry into the Southern Indian market. The company is based in Thane, Maharashtra. ' We wish to inform that one of our material subsidiary, Antony Lara Enviro Solutions Private Limited has received two new contracts for development of Waste-to-Energy Plants each with a capacity of ~15 MW at the Kadapa Cluster and Kurnool Cluster in Andhra Pradesh,' the company said in the filing. Under a 20-year concession period, the power produced will be procured by the Andhra Pradesh Southern Power Distribution Company (APSPDCL) at a rate of ₹ 8.10 per unit to supply the Kurnool and YSR Kadapa regions. The projects are scheduled for completion within 24 months from the later of the following events — signing the concession agreement, executing the Power Purchase Agreement (PPA), or transferring the land. 'The Company is honored to be selected by Andhra Pradesh Government for these landmark Waste-to-Energy projects, underscoring its proven technical leadership, strong execution capabilities, and deep commitment to sustainable waste management. By converting waste into clean, renewable energy, the Company addresses critical environmental and energy challenges while advancing Andhra Pradesh's vision for a greener, cleaner future. Building on its solid track record in integrated waste management, these projects will significantly expand the Company's renewable energy footprint, diversify revenue streams, and create lasting value for stakeholders—reinforcing its role as a key driver of India's clean energy transition," said Jose Jacob, Chairman & Managing Director, Antony Waste Handling Cell Limited. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
5 days ago
- Business
- Business Standard
Antony Waste Handling Cell consolidated net profit rises 1.54% in the June 2025 quarter
Sales rise 8.97% to Rs 247.34 crore Net profit of Antony Waste Handling Cell rose 1.54% to Rs 17.78 crore in the quarter ended June 2025 as against Rs 17.51 crore during the previous quarter ended June 2024. Sales rose 8.97% to Rs 247.34 crore in the quarter ended June 2025 as against Rs 226.97 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 247.34226.97 9 OPM % 22.2621.79 - PBDT 46.2442.11 10 PBT 25.6325.53 0 NP 17.7817.51 2
Business Standard
30-05-2025
- Business
- Business Standard
Antony Waste Handling Cell consolidated net profit rises 45.45% in the March 2025 quarter
Sales rise 15.51% to Rs 242.66 crore Net profit of Antony Waste Handling Cell rose 45.45% to Rs 40.00 crore in the quarter ended March 2025 as against Rs 27.50 crore during the previous quarter ended March 2024. Sales rose 15.51% to Rs 242.66 crore in the quarter ended March 2025 as against Rs 210.08 crore during the previous quarter ended March 2024. For the full year,net profit declined 0.99% to Rs 85.36 crore in the year ended March 2025 as against Rs 86.21 crore during the previous year ended March 2024. Sales rose 7.14% to Rs 933.61 crore in the year ended March 2025 as against Rs 871.41 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 242.66210.08 16 933.61871.41 7 OPM % 21.0317.21 - 20.8920.46 - PBDT 42.6929.30 46 164.48162.34 1 PBT 24.5312.91 90 94.52109.08 -13 NP 40.0027.50 45 85.3686.21 -1
Business Upturn
30-05-2025
- Business
- Business Upturn
Antony Waste shares jump over 5% after strong Q4 results
By Aditya Bhagchandani Published on May 30, 2025, 10:11 IST Shares of Antony Waste Handling Cell surged 5.19% to ₹639.10 in morning trade on May 30 after the company posted a strong set of results for the March quarter and the full fiscal year FY25. The company's total operating revenue for Q4FY25 stood at ₹223 crore, marking a 14% year-on-year growth. EBITDA jumped 33% to ₹58 crore, with the EBITDA margin improving to 23%, up by 300 basis points from a year ago. Net profit rose to ₹46 crore from ₹30.2 crore, reflecting a 53% YoY increase. For the full fiscal year FY25, the company reported total revenue of ₹841.5 crore, up 10% from the previous year, while EBITDA came in at ₹220.2 crore, showing a 9% increase year-on-year. Operational highlights included the sale of approximately 45,200 tonnes of Refuse Derived Fuel (RDF) and 4,500 tonnes of compost in Q4, with compost sales witnessing a massive 165% YoY growth. The company's Pimpri-Chinchwad Waste-to-Energy (WtE) plant achieved a high plant load factor of ~82%, while its construction and demolition waste recycling unit hit a 96% recycling rate. The company also received ₹27.86 crore following a favourable ruling from the Bombay High Court, bolstering its financials for the year. The market responded positively to the company's continued operational efficiency and emphasis on sustainability, contributing to today's sharp upmove in the stock. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
