Arisinfra Solutions reports 110% rise in H1 net profit to Rs 42.9 cr

What happened: Arisinfra Solutions reported a 110% rise in H1 net profit to Rs 42.9 crore, and its July-September quarter net profit of Rs 22.8 crore was its highest quarterly figure. Key numbers: H1 net profit Rs 42.9 crore, up 110%. H1 operating profit Rs 66.2 crore, up 63%, margin 11.1% from 9%. Q2 net profit Rs 22.8 crore, up 50%. Q2 revenue Rs 307.7 crore, up 28%. Why it matters: Management said 2.6 million tonnes of exclusive partner capacity was added in a single quarter without owning a plant, and the DaaS order book has more than doubled since March.

Arisinfra Solutions reported a 110% rise in H1 net profit to Rs 42.9 crore, and its July-September quarter net profit of Rs 22.8 crore was its highest quarterly figure.

Management said 2.6 million tonnes of exclusive partner capacity was added in a single quarter without owning a plant, and the DaaS order book has more than doubled since March.