Artson Limited Swings to Profit in Q1, Revenue Surges 79%
Artson Limited, a supplier of equipment and services for mechanical works, has reported a substantial improvement in its Q1 financial results. Revenue from operations increased by 79.17% to ₹4,474.49 lakhs. The company turned profitable with a net profit of ₹21.59 lakhs, compared to a loss in the previous year. EPS improved to ₹0.06 from -₹0.13. The Board approved the Cost Audit Report and notice for the 46th AGM. Despite accumulated losses, the company's going concern status is supported by its holding company, Tata Projects Limited.