AGC Networks has reported results for first quarter ended June 30, 2021.
The company has reported net profit at Rs 12.64 crore for the quarter under review as compared to net loss of Rs 6.27 crore for the same quarter in the previous year. Total income of the company increased by 51.91% at Rs 89.29 crore for Q1FY22 as compared Rs 58.78 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 5- fold jump in its net profit at Rs 31.12 crore for the quarter under review as compared to net profit of Rs 5.43 crore for the same quarter in the previous year. Total income of the company increased by 21% at Rs 1203.83 crore for Q1FY22 as compared Rs 994.82 crore for the corresponding quarter previous year.
