Antony Waste Handling Cell Ltd Share Price – NSE  /  BSE

Miscellaneous, Small Cap

CIDCO stands for City & Industrial Development Corporation of Maharashtra.

The scope of the project involves processing of legacy waste through bio-remediation / bio-mining and re-development of existing sanitary landfill cells at CIDCO's MSW facility at Village Chal near Taloja, MIDC.

Antony Lara will focus on reclaiming the entire dumping area and would deploy cutting-edge mechanical processes for resource recovery.

The project has to be executed within a period of 730 days and the value of the said contract is Rs 77 crore.

This contract marks Antony Waste’s second venture into the bio-mining sector, following its earlier project near Lakhnavali Village at Greater Noida in collaboration with the Greater Noida Industrial Development Authority.

Jose Jacob, chairman & managing director of Antony Waste Handling Cell, said: We are thrilled to secure this contract in the bio-mining sector, reaffirming our commitment to advancing modern waste management practices.

Our expertise and utilization of advanced technologies enable us to effectively address the evolving needs of municipal corporations across India. This project underscores our dedication to environmental sustainability and highlights our pivotal role in fostering positive change through innovative waste management solutions.

Antony Waste Handling Cell Limited is leading player in the Indian Municipal Solid Waste Management industry with an established track record of more than two decades, providing full spectrum of MSW services which includes solid waste collection, transportation, processing and disposal services across India, majorly catering to municipalities.

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Antony Waste Handling Cell announced that its material subsidiary, Antony Lara Enviro Solutions has been awarded contract of Processing of Legacy Waste through Bio-remediation / Bio-mining and Re-development of existing Sanitary Landfill Cells at CIDCO's MSW facility at Village Chal near Taloja, MIDC by CIDCO. The contract is valued at Rs 77 crore.

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Net profit of Antony Waste Handling Cell rose 6.67% to Rs 12.80 crore in the quarter ended December 2023 as against Rs 12.00 crore during the previous quarter ended December 2022. Sales declined 0.17% to Rs 217.15 crore in the quarter ended December 2023 as against Rs 217.53 crore during the previous quarter ended December 2022.

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Antony Waste Handling Cell will hold a meeting of the Board of Directors of the Company on 13 February 2024.

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