Categories Earnings

Earnings | Advait Infratech Ltd (BSE: 543230): Q4FY23 Results Out; Total Income rises 160% YoY.

Advait Infratech Ltd is a company dedicated to providing comprehensive products and solutions in the fields of power transmission, power substation, and telecommunication infrastructure. Their range of services includes turnkey telecommunication projects, installation of power transmission and substation equipment, as well as telecom products. With a focus on these verticals, Advait Infratech caters to the growing demands of the power and telecommunication industries. The company’s expertise lies in delivering efficient and reliable solutions that meet industry standards. By offering a diverse portfolio of services, Advait Infratech contributes to the development and expansion of power and telecommunication infrastructure in various sectors.
• Advait Infratech Ltd reported Total Income for Q4 FY23 of ₹65 Crore up from ₹25 Crore year on year, a growth of 160%.
• Total Expenses for Q4 FY23 of ₹58 Crore up from ₹41 Crore year on year, a growth of 41%.
• Consolidated Net Profit of ₹5.5 Crore, up 129% from ₹2.4 Crore in the same quarter of the previous year.
• The Earnings per Share is ₹8.60, up 79% from ₹4.79 in the same quarter of the previous year.

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