Arihant Superstructures recorded a net profit at Rs13.48cr, up 95.36% in the quarter ended March 2021 as against Rs6.90cr during the previous quarter ended March 2020.
The sales also increased by 105.82% to Rs123.84cr in the quarter ended March 2021 as against Rs60.17cr during the previous quarter ended March 2020.
The company have approved the appointment of M/s D. A. Kamat & Co, Company Secretaries, Mumbai as the Secretarial Auditors of the Company for the Financial Year 2021-22.
“We would like to inform the Stock Exchanges that the Board of Directors of the Company in their Meeting held on Saturday, 19th June 2021 have granted their consent for obtaining Shareholders approval for raising of funds through issue of securities,” the company said in the press note.
The stock at Rs91.90 up by Rs1.6 or 1.77% from its previous closing of Rs90.30 on the BSE. The scrip opened at Rs91.75 and has touched a high and low of Rs92.45 and Rs89 respectively.