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Spacenet Enterprises India Ltd Q1FY24; 706% rise in Profits

Incorporated in 2010, Spacenet Enterprises Ltd is in the business of trading of commodities and providing Information technology related services

Financial Results:

Spacenet Enterprises India Ltd reported Revenues for Q1FY24 of ₹21.97 Crores up from ₹19.45 Crore year on year, a rise of 12.96%.

Total Expenses for Q1FY24 of ₹19.57 Crores up from ₹19.41 Crores year on year, a rise of 0.82%.

Consolidated Net Profit of ₹2.50 Crores up 706.45% from ₹0.31 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.05, up 400.00% from ₹0.01 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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