{"id":143524,"date":"2023-02-14T11:18:00","date_gmt":"2023-02-14T16:18:00","guid":{"rendered":"https:\/\/44.250.171.167\/?p=143524"},"modified":"2023-04-03T07:25:20","modified_gmt":"2023-04-03T11:25:20","slug":"earnings-summary-of-aarvi-encon-limited-for-q3-fy23","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/earnings-summary-of-aarvi-encon-limited-for-q3-fy23\/","title":{"rendered":"Earnings Summary Of Aarvi Encon Limited For Q3 FY23"},"content":{"rendered":"<p>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&#8217;s key strengths is its client-focused approach. The company also uses data analytics and artificial intelligence to improve its sourcing strategies and identify the best candidates for each role.<br \/><br \/>In terms of earnings, Revenue from Operations for Q3 FY23 was \u20b9110.93 crore, a 50.5% increase from \u20b973.68 crore in the same period last year. The third quarter\u2019s other income, which contributed \u20b90.34 Crore to the Total Revenue. Meanwhile, the Profit Before Tax declined to \u20b93.05 Crore from \u20b93.81 Crore from the same quarter previous year. The Consolidated Net Profit was \u20b92.65 crore, down 30.5% from \u20b93.81 crore in the same quarter last year. This quarter\u2019s earnings per share was \u20b91.79. In the same time period, the company\u2019s Tax Expense increased up to \u20b90.4 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-3-1024x640.jpg\" alt=\"\" class=\"wp-image-143526\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-3-1024x640.jpg 1024w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-3-300x187.jpg 300w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-3-768x480.jpg 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-3-1536x960.jpg 1536w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-3-2048x1280.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>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&#8217;s key strengths is its client-focused approach. The company [&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-143524","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":143519,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-aarvi-encon-limited-for-q2-fy23\/","url_meta":{"origin":143524,"position":0},"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":143516,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-aarvi-encon-limited-for-q1-fy23\/","url_meta":{"origin":143524,"position":1},"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":154074,"url":"https:\/\/alphastreet.com\/india\/aarvi-encon-ltd-q1fy24-23-fall-in-profits\/","url_meta":{"origin":143524,"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":143541,"url":"https:\/\/alphastreet.com\/india\/aarvi-encon-reports-strong-financial-results-maintains-steady-growth-trajectory\/","url_meta":{"origin":143524,"position":3},"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":143528,"url":"https:\/\/alphastreet.com\/india\/aarvi-encon-q2fy23-net-sales-soars-by-72\/","url_meta":{"origin":143524,"position":4},"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":143524,"position":5},"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":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/143524","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1917"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=143524"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/143524\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=143524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=143524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=143524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}