Arihant Superstructures has posted net consolidated profit of Rs 8.28 crore in the first quarter of the financial year 2021-22. It had recorded a loss of Rs 7.03 crore in the corresponding quarter previous year, the company said in a BSE filing.
The company’s total revenue in Q1 FY22 stood at Rs 84.65 crore as against Rs 10.15 crore it registered in the similar quarter last year.
Ashok Chhajer, chairman and managing director of the company said, “We have achieved one of the best Q1 performance in our history in terms of sales & profitability. Our new launches have also helped us in achieving better overall performance”
Total debt of the company stood at Rs 297.8 crore as of June 30, 2021.