Aarvi Encon Ltd's Q3FY25 Quarter Results
- 19 Feb 2025
Result Summary
- Aarvi Encon Ltd reported a 8.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 31.1%.
- Its expenses for the quarter were up by 7.7% QoQ and 31.4% YoY.
- The net profit increased 12.3% QoQ and decreased 0.4% YoY.
- The earnings per share (EPS) of Aarvi Encon Ltd stood at 1.6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 132.10 | 122.00 | 100.78 | 8.3% | 31.1% |
Total Expenses | 129.26 | 120.06 | 98.39 | 7.7% | 31.4% |
Profit Before Tax | 2.83 | 1.94 | 2.39 | 45.9% | 18.4% |
Tax | 0.46 | -0.17 | 0.01 | -370.6% | 4500.0% |
Profit After Tax | 2.37 | 2.11 | 2.38 | 12.3% | -0.4% |
Earnings Per Share | 1.60 | 1.40 | 1.60 | 14.3% | 0.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Aarvi Encon Ltd is an established company specializing in providing manpower outsourcing services, particularly for the engineering and technical sectors. The company operates primarily within the human resources and staffing industry, catering to a diverse array of industries including oil and gas, power, petrochemicals, and infrastructure. Aarvi Encon Ltd’s core services include contract staffing, permanent staffing, and payroll outsourcing. As of the most recent updates, there are no significant new developments or strategic changes publicly available for the company.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Aarvi Encon Ltd reported a total income of ₹132.10 crores. This represents an increase when compared to the previous quarter (Q2FY25), where total income stood at ₹122.00 crores, marking a quarter-over-quarter (QoQ) growth of 8.3%. Additionally, when compared to the same quarter in the previous fiscal year (Q3FY24), where total income was ₹100.78 crores, the year-over-year (YoY) increase is recorded at 31.1%. This substantial increase in total income over the year highlights a strong upward trend in the company's revenue generation capabilities.
Profitability
During Q3FY25, Aarvi Encon Ltd achieved a profit before tax of ₹2.83 crores, which is a significant increase of 45.9% compared to the previous quarter's ₹1.94 crores. Compared to the same period last year, where the profit before tax was ₹2.39 crores, there is an 18.4% increase. The tax expense for Q3FY25 stood at ₹0.46 crores, contrasting sharply with a negative tax of ₹-0.17 crores in Q2FY25 and ₹0.01 crores in Q3FY24. This led to a profit after tax of ₹2.37 crores for Q3FY25, which is a slight increase of 12.3% QoQ from ₹2.11 crores in Q2FY25, but a marginal decrease of 0.4% YoY from ₹2.38 crores in Q3FY24. Earnings per share remained consistent on a YoY basis at ₹1.60, with a 14.3% QoQ increase from ₹1.40.
Operating Metrics
Total expenses for Aarvi Encon Ltd in Q3FY25 were reported at ₹129.26 crores, which shows a 7.7% increase from the previous quarter's expenses of ₹120.06 crores. Compared to the expenses in Q3FY24 which were ₹98.39 crores, there is a 31.4% YoY increase. This indicates that the company's expenses have grown in line with its revenue, maintaining operational consistency. The financial data highlights no significant anomalies other than the negative tax expense in Q2FY25, which is noteworthy. The company's ability to maintain a consistent earnings per share YoY, despite fluctuations in profit after tax, is indicative of its stable operating performance over the period analyzed.
