MITCON Consultancy and Engineering services were formed jointly by IDBI, IFCI, SICOM, MIDC, MSSIDC, and various banks as a technical consultancy organization in 1982. The company provides corporate solutions in power generation, energy efficiency, renewable energy, climate change, environmental management, banking, infrastructure, and biotechnology sectors.
Financial Results:
Mitcon Consultancy & Engineering Services Ltd reported Revenues for Q1FY24 of ₹29.55 Crores up from ₹18.75 Crore year on year, a rise of 57.6%.
Total Expenses for Q1FY24 of ₹26.53 Crores up from ₹19.31 Crores year on year, a rise of 37.39%.
Consolidated Net Profit of ₹1.64 Crores up 198.18% from ₹0.55 Crores in the same quarter of the previous year.
The Earnings per Share is ₹1.16, from -₹0.10 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.