Archies has reported unaudited results for the first quarter ended June 30, 2011.
The company’s profit for the quarter ended June 30, 2011 has increased by 23.71% at Rs 1.20 crore as compared to Rs 0.97 crore for the corresponding quarter last year. Its total income has grown by 20.14% at Rs 41.70 crore for the quarter under review from Rs 34.71 crore for the same quarter last year.
Archies is India’s top market leader and a Superbrand in the social expression industry with over 60% market share in the organized sector. Archies currently operates 203 exclusive company owned and operated outlets in 15 states 62 cities and 280 franchise outlets across India.