Latest news with #AarviEncon
Business Upturn
11 hours ago
- Business
- Business Upturn
Aarvi Encon secures twin manpower contracts worth over Rs 30 crore
By Aditya Bhagchandani Published on June 20, 2025, 16:40 IST Aarvi Encon Limited has announced the receipt of two significant work orders from a leading multinational EPC company, with a combined value exceeding Rs 30.67 crore. As per the company's regulatory filings, the first contract is worth Rs 22.53 crore and entails supplying manpower on an outsourcing basis to various project sites and offices across India. This contract is valid for two years starting June 3, 2025, and will continue until June 4, 2027. In addition to this, Aarvi Encon has secured a second contract valued at Rs 8.13 crore. This one-year agreement, effective from July 1, 2025, involves similar manpower supply services at multiple domestic locations. Both contracts are with the same unnamed domestic entity and fall under non-related party transactions. The company has signed a Non-Disclosure Agreement, and therefore, the client's identity remains confidential. These orders bolster Aarvi Encon's pipeline and reaffirm its positioning in India's engineering staffing and outsourcing segment. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Standard
30-05-2025
- Business
- Business Standard
Aarvi Encon consolidated net profit declines 2.96% in the March 2025 quarter
Sales rise 40.09% to Rs 144.45 crore Net profit of Aarvi Encon declined 2.96% to Rs 2.95 crore in the quarter ended March 2025 as against Rs 3.04 crore during the previous quarter ended March 2024. Sales rose 40.09% to Rs 144.45 crore in the quarter ended March 2025 as against Rs 103.11 crore during the previous quarter ended March 2024. For the full year,net profit declined 11.46% to Rs 10.04 crore in the year ended March 2025 as against Rs 11.34 crore during the previous year ended March 2024. Sales rose 25.67% to Rs 510.39 crore in the year ended March 2025 as against Rs 406.15 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 144.45103.11 40 510.39406.15 26 OPM % 3.082.87 - 2.623.08 - PBDT 4.113.55 16 12.7913.37 -4 PBT 3.623.21 13 11.2212.11 -7 NP 2.953.04 -3 10.0411.34 -11
