Aarvi Encon Q1FY23 net profit rises by a whopping 95%

Aarvi Encon declared its financial results for the quarter ended June 2022 wherein the company’s net sales rose by 82% to INR 106.64 Crores while the net profit rose by 95% to a whopping INR 4.32 Crores. With such rise in the topline of the company, the expenses too have risen proportionately as a result of which the operating profit of the company stands at INR 4.6 Crores. Though this a phenomenal growth of 90%. The company registered an EPS of INR 2.92 which is yet again an increase of 96%