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Optiemus Infracom Ltd Q1FY24; 89% rise in Profits

Optiemus Infracom Ltd is primarily engaged in the distribution of mobile handsets of reputed brands like Nokia and Samsung for last 25 years. The group first started distribution of Nokia handsets in Delhi General Trade market in 1995.

Financial Results:

Optiemus Infracom Ltd reported Revenues for Q1FY24 of ₹281.58 Crores up from ₹205.83 Crore year on year, a rise of 36.8%.

Total Expenses for Q1FY24 of ₹273.32 Crores up from ₹208.91 Crores year on year, a rise of 30.83%.

Consolidated Net Profit of ₹9.39 Crores up 88.55% from ₹4.98 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.09, up 87.93% from ₹0.58 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.

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