{"id":152677,"date":"2023-08-10T16:34:07","date_gmt":"2023-08-10T20:34:07","guid":{"rendered":"https:\/\/44.250.171.167\/?p=152677"},"modified":"2023-08-10T16:34:08","modified_gmt":"2023-08-10T20:34:08","slug":"mitcon-consultancy-198-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/mitcon-consultancy-198-rise-in-profits\/","title":{"rendered":"Mitcon Consultancy & Engineering Services Ltd Q1FY24; 198% rise in Profits"},"content":{"rendered":"\n

MITCON Consultancy and Engineering services were formed jointly by IDBI, IFCI, SICOM, MIDC, MSSIDC, and various banks as a technical consultancy organization in 1982. The company provides corporate solutions in power generation, energy efficiency, renewable energy, climate change, environmental management, banking, infrastructure, and biotechnology sectors.<\/p>\n\n\n\n

Financial Results:<\/p>\n\n\n\n

Mitcon Consultancy & Engineering Services Ltd reported Revenues for Q1FY24 of \u20b929.55 Crores up from \u20b918.75 Crore year on year, a rise of 57.6%.<\/p>\n\n\n\n

Total Expenses for Q1FY24 of \u20b926.53 Crores up from \u20b919.31 Crores year on year, a rise of 37.39%.<\/p>\n\n\n\n

Consolidated Net Profit of \u20b91.64 Crores up 198.18% from \u20b90.55 Crores in the same quarter of the previous year.<\/p>\n\n\n\n

The Earnings per Share is \u20b91.16, from -\u20b90.10 in the same quarter of the previous year.<\/p>\n\n\n\n

\"\"<\/a><\/figure><\/div>\n\n\n\n

*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

*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"

MITCON Consultancy and Engineering services were formed jointly by IDBI, IFCI, SICOM, MIDC, MSSIDC, and various banks as a technical consultancy organization in 1982. The company provides corporate solutions in power generation, energy efficiency, renewable energy, climate change, environmental management, banking, infrastructure, and biotechnology sectors. Financial Results: Mitcon Consultancy & Engineering Services Ltd reported Revenues […]<\/p>\n","protected":false},"author":1885,"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":[105,12],"tags":[8588,8235],"class_list":["post-152677","post","type-post","status-publish","format-standard","hentry","category-infographics","category-other-industries","tag-consulting","tag-engineering"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":154812,"url":"https:\/\/alphastreet.com\/india\/tata-consultancy-services-ltd-q1fy24-17-rise-in-profits\/","url_meta":{"origin":152677,"position":0},"title":"Tata Consultancy Services Ltd Q1FY24; 17% rise in Profits","author":"Chirag Gupta","date":"October 11, 2023","format":false,"excerpt":"Tata Consultancy Services is the flagship company and a part of Tata group. 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