{"id":143519,"date":"2022-11-14T11:41:00","date_gmt":"2022-11-14T16:41:00","guid":{"rendered":"https:\/\/44.250.171.167\/?p=143519"},"modified":"2023-04-03T07:02:58","modified_gmt":"2023-04-03T11:02:58","slug":"earnings-summary-of-aarvi-encon-limited-for-q2-fy23","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/earnings-summary-of-aarvi-encon-limited-for-q2-fy23\/","title":{"rendered":"Earnings Summary Of Aarvi Encon Limited For Q2 FY23"},"content":{"rendered":"<p>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.<br \/><br \/>In the Q2 FY23, Aarvi Encon reported a Revenue from Operations of \u20b9112.65 crores, an increase of 72.3% compared to the same quarter previous fiscal year. The Other Income for this quarter was \u20b90.36 Crore. The company&#8217;s net profit for the year stood at \u20b94.08 crores, a boost of 21% compared to Q2 FY23. The Earnings per Share was \u20b92.77 for this quarter. As of September 30, 2022, it had a Cash &amp; Bank equivalents of \u20b95.42 Crore. <\/p>\n\n\n<div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-1-1024x640.jpg\" alt=\"\" class=\"wp-image-143520\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-1-1024x640.jpg 1024w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-1-300x187.jpg 300w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-1-768x480.jpg 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-1-1536x960.jpg 1536w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-1-2048x1280.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392],"tags":[9017],"class_list":["post-143519","post","type-post","status-publish","format-standard","hentry","category-earnings","tag-staffing-and-employment-services"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":143516,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-aarvi-encon-limited-for-q1-fy23\/","url_meta":{"origin":143519,"position":0},"title":"Earnings Summary Of Aarvi Encon Limited For Q1 FY23","author":"Hardik Bhandare","date":"August 12, 2022","format":false,"excerpt":"Aarvi Encon is a provider of staffing solutions that focuses on assisting businesses in the energy industry to carry out large projects by deploying the best talent. The company provides top-notch engineering and manpower outsourcing services, adding value for its clients in India and abroad. Its innovative approach to problem-solving\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":143524,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-aarvi-encon-limited-for-q3-fy23\/","url_meta":{"origin":143519,"position":1},"title":"Earnings Summary Of Aarvi Encon Limited For Q3 FY23","author":"Hardik Bhandare","date":"February 14, 2023","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-3.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-3.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-3.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-3.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-3.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-3.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":154074,"url":"https:\/\/alphastreet.com\/india\/aarvi-encon-ltd-q1fy24-23-fall-in-profits\/","url_meta":{"origin":143519,"position":2},"title":"Aarvi Encon Ltd Q1FY24; 23% fall in Profits","author":"Divyansh_Kasana","date":"August 16, 2023","format":false,"excerpt":"Aarvi Encon Limited, incorporated in 1987, is a HR Services Company creating value for clients in India and abroad by delivering world class Engineering and Manpower Outsourcing Services. Financial Results: Aarvi Encon Ltd reported Revenues for Q1FY24 of \u20b9100.87 Crores down from \u20b9106.64 Crore year on year, a fall of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1125.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1125.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1125.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1125.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1125.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1125.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":143528,"url":"https:\/\/alphastreet.com\/india\/aarvi-encon-q2fy23-net-sales-soars-by-72\/","url_meta":{"origin":143519,"position":3},"title":"Aarvi Encon Q2FY23 net sales soars by 72%","author":"Chirag Gupta","date":"November 14, 2022","format":false,"excerpt":"Aarvi Encon declared its financial results for the quarter ended September 2022 wherein the company\u2019s net sales rose by 72% to INR 112.65 Crores while the net profit rose by 21% to INR 4.09 Crores. With such rise in the topline of the company, the expenses too rose proportionately and\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/6922a3de-6187-402a-b151-eb75705119d4.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/6922a3de-6187-402a-b151-eb75705119d4.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/6922a3de-6187-402a-b151-eb75705119d4.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/6922a3de-6187-402a-b151-eb75705119d4.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/6922a3de-6187-402a-b151-eb75705119d4.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/6922a3de-6187-402a-b151-eb75705119d4.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":143522,"url":"https:\/\/alphastreet.com\/india\/aarvi-encon-q1fy23-net-profit-rises-by-a-whopping-95\/","url_meta":{"origin":143519,"position":4},"title":"Aarvi Encon Q1FY23 net profit rises by a whopping 95%","author":"Chirag Gupta","date":"August 12, 2022","format":false,"excerpt":"Aarvi Encon declared its financial results for the quarter ended June 2022 wherein the company's net sales rose by 82% to INR 106.64 Crores while the net profit rose by 95% to a whopping INR 4.32 Crores. With such rise in the topline of the company, the expenses too have\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/b6b0bd6e-3adc-4924-85f2-3a2220a9205d.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/b6b0bd6e-3adc-4924-85f2-3a2220a9205d.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/b6b0bd6e-3adc-4924-85f2-3a2220a9205d.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/b6b0bd6e-3adc-4924-85f2-3a2220a9205d.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/b6b0bd6e-3adc-4924-85f2-3a2220a9205d.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/b6b0bd6e-3adc-4924-85f2-3a2220a9205d.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":143531,"url":"https:\/\/alphastreet.com\/india\/aarvi-encon-q3fy23-net-sales-soars-by-51-despite-turmoil-in-the-global-economy\/","url_meta":{"origin":143519,"position":5},"title":"Aarvi Encon Q3FY23 net sales soars by 51% despite turmoil in the global economy","author":"Chirag Gupta","date":"February 14, 2023","format":false,"excerpt":"Aarvi Encon declared its financial results for the quarter ended December 2022 wherein the company\u2019s net sales rose by 51% to INR 110.94 Crores while the net profit declined by 31% to INR 2.65 Crores. 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