Aarvi Encon Q2FY23 net sales soars by 72%

Aarvi Encon declared its financial results for the quarter ended September 2022 wherein the company’s net sales rose by 72% to INR 112.65 Crores while the net profit rose by 21% to INR 4.09 Crores. With such rise in the topline of the company, the expenses too rose proportionately and settled at INR 5.41 Crores. Though this depicts a growth of 59%. Following the course of net profit, the company registered an EPS of INR 2.77 which is yet again an increase of 21%.