Aarvi Encon is a leading staffing solutions company based in Mumbai, India, specializing in providing manpower services to the oil and gas, power, infrastructure, and engineering sectors. The company provides a wide range of staffing solutions, including contract staffing, permanent staffing, project-based staffing, and payroll processing. Aarvi Encon has adopted a technology-driven approach to its business, leveraging digital tools and platforms to improve efficiency and effectiveness.
In the Q2 FY23, Aarvi Encon reported a Revenue from Operations of ₹112.65 crores, an increase of 72.3% compared to the same quarter previous fiscal year. The Other Income for this quarter was ₹0.36 Crore. The company’s net profit for the year stood at ₹4.08 crores, a boost of 21% compared to Q2 FY23. The Earnings per Share was ₹2.77 for this quarter. As of September 30, 2022, it had a Cash & Bank equivalents of ₹5.42 Crore.