{"id":153676,"date":"2023-08-14T10:01:48","date_gmt":"2023-08-14T14:01:48","guid":{"rendered":"https:\/\/44.250.171.167\/?p=153676"},"modified":"2023-08-14T10:01:49","modified_gmt":"2023-08-14T14:01:49","slug":"optiemus-infracom-ltd-q1fy24-89-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/optiemus-infracom-ltd-q1fy24-89-rise-in-profits\/","title":{"rendered":"Optiemus Infracom Ltd Q1FY24; 89% rise in Profits"},"content":{"rendered":"\n<p>Optiemus Infracom Ltd is primarily engaged in the distribution of mobile handsets of reputed brands like Nokia and Samsung for last 25 years. The group first started distribution of Nokia handsets in Delhi General Trade market in 1995.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Optiemus Infracom Ltd reported Revenues for Q1FY24 of \u20b9281.58 Crores up from \u20b9205.83 Crore year on year, a rise of 36.8%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b9273.32 Crores up from \u20b9208.91 Crores year on year, a rise of 30.83%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b99.39 Crores up 88.55% from \u20b94.98 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b91.09, up 87.93% from \u20b90.58 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-998.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-998-839x1024.png\" alt=\"\" class=\"wp-image-153677\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-998-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-998-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-998-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-998-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-998.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>Optiemus Infracom Ltd is primarily engaged in the distribution of mobile handsets of reputed brands like Nokia and Samsung for last 25 years. The group first started distribution of Nokia handsets in Delhi General Trade market in 1995. Financial Results: Optiemus Infracom Ltd reported Revenues for Q1FY24 of \u20b9281.58 Crores up from \u20b9205.83 Crore year [&hellip;]<\/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":[13206],"class_list":["post-153676","post","type-post","status-publish","format-standard","hentry","category-infographics","category-other-industries","tag-mobile-distribution"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":153861,"url":"https:\/\/alphastreet.com\/india\/vodafone-idea-ltd-q1fy24-2-rise-in-revenue\/","url_meta":{"origin":153676,"position":0},"title":"Vodafone Idea Ltd Q1FY24; 2% rise in Revenue","author":"Chirag Gupta","date":"August 14, 2023","format":false,"excerpt":"Vodafone Idea is one of the leading telecom service providers in India. The Company is engaged in the business of Mobility and Long Distance services, trading of handsets and data cards. 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Financial Results: Indo Tech Transformers Ltd reported Revenues for Q1FY24 of \u20b993.22 Crores up from \u20b954.08 Crore year on year, a rise of 72.37%. 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