{"id":152323,"date":"2023-08-10T07:43:03","date_gmt":"2023-08-10T11:43:03","guid":{"rendered":"https:\/\/44.250.171.167\/?p=152323"},"modified":"2023-08-10T07:43:05","modified_gmt":"2023-08-10T11:43:05","slug":"softtech-engineers-ltd-q1fy24-29-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/softtech-engineers-ltd-q1fy24-29-fall-in-profits\/","title":{"rendered":"Softtech Engineers Ltd Q1FY24; 29% fall in Profits"},"content":{"rendered":"\n<p>SoftTech Engineers Ltd is an information technology and software services organization, delivering end-to-end solutions in Architectural-Engineering-Construction (AEC) space, catering to property developers, municipal corporations, investors, real estate companies, contractors, architects, and consultants.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Softtech Engineers Ltd reported Revenues for Q1FY24 of \u20b918.81 Crores up from \u20b912.14 Crore year on year, a rise of 54.94%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b918.53 Crores up from \u20b911.62 Crores year on year, a rise of 59.47%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b90.50 Crores down 28.57% from \u20b90.70 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b90.54, down 22.86% from \u20b90.70 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-551.png\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-551-839x1024.png\" alt=\"\" class=\"wp-image-152324\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-551-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-551-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-551-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-551-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-551.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SoftTech Engineers Ltd is an information technology and software services organization, delivering end-to-end solutions in Architectural-Engineering-Construction (AEC) space, catering to property developers, municipal corporations, investors, real estate companies, contractors, architects, and consultants. Financial Results: Softtech Engineers Ltd reported Revenues for Q1FY24 of \u20b918.81 Crores up from \u20b912.14 Crore year on year, a rise of 54.94%. [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":152324,"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":[105,392,8],"tags":[12822,9124,9050],"class_list":["post-152323","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-technology-stocks","tag-architectural-engineering-construction","tag-software-technology-services","tag-technology-services"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-551.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":151846,"url":"https:\/\/alphastreet.com\/india\/vascon-engineers-ltd-q1fy24-9-rise-in-profits\/","url_meta":{"origin":152323,"position":0},"title":"Vascon Engineers Ltd Q1FY24; 9% rise in Profits","author":"Chirag Gupta","date":"August 8, 2023","format":false,"excerpt":"Vascon Engineers Ltd, established in 1986, is a Construction Engineering Company in India with presence in Real Estate business having an asset light model and Clean Room Partition manufacturing business. The Co. has executed over 200 projects with a construction area of over 50 Mn Sq Ft. Financial Results: Vascon\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-392.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-392.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-392.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-392.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-392.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-392.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":164760,"url":"https:\/\/alphastreet.com\/india\/texmaco-rail-120-rise-in-revenue-2\/","url_meta":{"origin":152323,"position":1},"title":"Texmaco Rail &#038; Engineering Ltd Q1FY24; 120% rise in Revenue","author":"Chirag Gupta","date":"October 8, 2024","format":false,"excerpt":"Texmaco Rail & Engineering Ltd is an engineering infrastructure co. & part of the Adventz Group, The co. is involved in the business of manufacturing Rolling stock, hydro-mechanical equipment, steel castings & construction of Rail EPC, bridges, and other steel structures. Financial Results: Texmaco Rail & Engineering Ltd reported Revenues\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\/2024\/10\/image-48.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-48.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-48.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-48.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-48.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-48.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153370,"url":"https:\/\/alphastreet.com\/india\/prajay-engineers-syndicate-ltd-q1fy24-36-rise-in-revenue\/","url_meta":{"origin":152323,"position":2},"title":"Prajay Engineers Syndicate Ltd Q1FY24; 36% rise in Revenue","author":"Karan_Singh","date":"August 14, 2023","format":false,"excerpt":"Incorporated in 1994, Prajay Engineering Syndicate Ltd is in the business of real estate construction, development and maintaining hospitality projects. Financial Results: Prajay Engineers Syndicate Ltd reported Revenues for Q1FY24 of \u20b97.51 Crores up from \u20b95.52 Crore year on year, a rise of 36.05%. 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Total Expenses for Q1FY24 of \u20b95.71 Crores up from\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\/07\/image-353.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-353.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-353.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-353.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-353.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-353.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":152781,"url":"https:\/\/alphastreet.com\/india\/kshitij-polyline-ltd-q1fy24-28-rise-in-revenue\/","url_meta":{"origin":152323,"position":4},"title":"Kshitij Polyline Ltd Q1FY24; 28% rise in Revenue","author":"Hardik Bhandare","date":"August 11, 2023","format":false,"excerpt":"Incorporated in 2008, Kshitij Polyline Ltd manufactures and sells lamination and stationery products. 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Of India operating under the administrative control of the Ministry of Petroleum and Natural Gas (MoPNG). 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