Aarvi Encon is a Mumbai-based staffing solutions company that specializes in providing services to the oil and gas, power, infrastructure, and engineering sectors. The company provides skilled and experienced professionals for various job roles, including engineers, technicians, supervisors, project managers, and support staff. One of Aarvi Encon’s key strengths is its client-focused approach. The company also uses data analytics and artificial intelligence to improve its sourcing strategies and identify the best candidates for each role.
In terms of earnings, Revenue from Operations for Q3 FY23 was ₹110.93 crore, a 50.5% increase from ₹73.68 crore in the same period last year. The third quarter’s other income, which contributed ₹0.34 Crore to the Total Revenue. Meanwhile, the Profit Before Tax declined to ₹3.05 Crore from ₹3.81 Crore from the same quarter previous year. The Consolidated Net Profit was ₹2.65 crore, down 30.5% from ₹3.81 crore in the same quarter last year. This quarter’s earnings per share was ₹1.79. In the same time period, the company’s Tax Expense increased up to ₹0.4 Crore.
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