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Aarvi Encon Ltd Q1FY24; 23% fall in Profits

Aarvi Encon Limited, incorporated in 1987, is a HR Services Company creating value for clients in India and abroad by delivering world class Engineering and Manpower Outsourcing Services.

Financial Results:

Aarvi Encon Ltd reported Revenues for Q1FY24 of ₹100.87 Crores down from ₹106.64 Crore year on year, a fall of 5.41%.

Total Expenses for Q1FY24 of ₹97.32 Crores down from ₹102.61 Crores year on year, a fall of 5.16%.

Consolidated Net Profit of ₹3.32 Crores down 23.15% from ₹4.32 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.25, down 22.95% from ₹2.92 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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