India's Antony Waste Handling falls on slide in Q3 earnings

Antony Waste Handling Cell

09/02/2023 05:54

** Shares of Antony Waste Handling Cell  ANTO.NS  fall as
much as 6.14% to 275 rupees, steepest intraday decline in three
months
    ** Waste management firm reports 8% fall in net profit in
third quarter to 120.01 mln rupees
    ** Core profit declines 7% to 294.80 mln rupees compared
with 317.54 mln rupees a year earlier, dragged by 42% rise in
total costs
    ** Core profit margin contracts to 13.52% from 19.72%
    ** Trading volume is 56,325 shares as of 11:18 a.m. IST,
1.2x the 30-day avg of 47,525 shares: Refinitiv data
($1 = 82.6350 Indian rupees)
 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; Mobile:
+919769003463))