Aarvi Encon is a provider of staffing solutions that focuses on assisting businesses in the energy industry to carry out large projects by deploying the best talent. The company provides top-notch engineering and manpower outsourcing services, adding value for its clients in India and abroad. Its innovative approach to problem-solving enables it to provide consistent performance and high-quality services on time to clients in India and abroad.
Aarvi Encon’s Revenue from Operations for Q1 FY23 was ₹106.63 Crore, an increase of 82.3% from the same quarter previous year. The Total expenses for this quarter were ₹102.61 crore, an increase of 81.8% from Q1 FY22. Meanwhile, the Profit Before Tax improved to ₹4.35 Crore from ₹2.21 Crore from the same quarter previous year. The Consolidated Net Profit was ₹4.31 crore, up 95% from ₹2.21 crore year on year. This quarter’s earnings per share was ₹2.92.