{"id":143522,"date":"2022-08-12T07:03:00","date_gmt":"2022-08-12T11:03:00","guid":{"rendered":"https:\/\/44.250.171.167\/?p=143522"},"modified":"2023-04-03T08:14:40","modified_gmt":"2023-04-03T12:14:40","slug":"aarvi-encon-q1fy23-net-profit-rises-by-a-whopping-95","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/aarvi-encon-q1fy23-net-profit-rises-by-a-whopping-95\/","title":{"rendered":"Aarvi Encon Q1FY23 net profit rises by a whopping 95%"},"content":{"rendered":"\n<p>Aarvi Encon declared its financial results for the quarter ended June 2022 wherein the company&#8217;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 risen proportionately as a result of which the operating profit of the company stands at INR 4.6 Crores. Though this a phenomenal growth of 90%. The company registered an EPS of INR 2.92 which is yet again an increase of 96%<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"954\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/b6b0bd6e-3adc-4924-85f2-3a2220a9205d-1-954x1024.png\" alt=\"\" class=\"wp-image-143538\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/b6b0bd6e-3adc-4924-85f2-3a2220a9205d-1-954x1024.png 954w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/b6b0bd6e-3adc-4924-85f2-3a2220a9205d-1-279x300.png 279w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/b6b0bd6e-3adc-4924-85f2-3a2220a9205d-1-768x825.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/b6b0bd6e-3adc-4924-85f2-3a2220a9205d-1-1430x1536.png 1430w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/b6b0bd6e-3adc-4924-85f2-3a2220a9205d-1-1907x2048.png 1907w\" sizes=\"auto, (max-width: 954px) 100vw, 954px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Aarvi Encon declared its financial results for the quarter ended June 2022 wherein the company&#8217;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 risen proportionately as a result [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":143523,"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":[105,392,5753],"tags":[8235,11826,11827],"class_list":["post-143522","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-industrials","tag-engineering","tag-hr-service","tag-manpower"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/b6b0bd6e-3adc-4924-85f2-3a2220a9205d.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":143528,"url":"https:\/\/alphastreet.com\/india\/aarvi-encon-q2fy23-net-sales-soars-by-72\/","url_meta":{"origin":143522,"position":0},"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":143531,"url":"https:\/\/alphastreet.com\/india\/aarvi-encon-q3fy23-net-sales-soars-by-51-despite-turmoil-in-the-global-economy\/","url_meta":{"origin":143522,"position":1},"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. With such rise in the topline of the company, the expenses too have risen proportionately\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\/14f44095-67e1-4727-8bd0-5b4a488c5475.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/14f44095-67e1-4727-8bd0-5b4a488c5475.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/14f44095-67e1-4727-8bd0-5b4a488c5475.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/14f44095-67e1-4727-8bd0-5b4a488c5475.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/14f44095-67e1-4727-8bd0-5b4a488c5475.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/14f44095-67e1-4727-8bd0-5b4a488c5475.png?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":143522,"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":143519,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-aarvi-encon-limited-for-q2-fy23\/","url_meta":{"origin":143522,"position":3},"title":"Earnings Summary Of Aarvi Encon Limited For Q2 FY23","author":"Hardik Bhandare","date":"November 14, 2022","format":false,"excerpt":"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\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-1.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-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-1.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-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-1.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-1.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":143541,"url":"https:\/\/alphastreet.com\/india\/aarvi-encon-reports-strong-financial-results-maintains-steady-growth-trajectory\/","url_meta":{"origin":143522,"position":4},"title":"Aarvi Encon Reports Strong Financial Results, Maintains Steady Growth Trajectory","author":"Divyansh_Kasana","date":"April 3, 2023","format":false,"excerpt":"\"Aarvi Encon's future growth strategy includes increasing the wallet share of business from existing clients by supplying additional manpower and identifying cross-selling and up-selling opportunities. They plan to digitalize various processes for contactless operations management and provide manpower services to new clients in existing verticals. The company also aims to\u2026","rel":"","context":"In &quot;Research Summary&quot;","block_context":{"text":"Research Summary","link":"https:\/\/alphastreet.com\/india\/category\/research-summary\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/iStock-912364434.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/iStock-912364434.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/iStock-912364434.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/iStock-912364434.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":143516,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-aarvi-encon-limited-for-q1-fy23\/","url_meta":{"origin":143522,"position":5},"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. 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