EKI Energy Services Q1 net profit rises to INR 107 crore

EKI Energy Services Q1 net profit rises to INR 107 crore

EKI Energy Services Ltd (EKI) on Friday posted an over three-fold increase in standalone profit after tax to INR 106.98 crore in the June quarter, driven by higher income. The company had clocked a INR 35.70 crore Profit After Tax (PAT) during the April-June period FY22, EKI said in a regulatory filing.

It had reported a total income of INR 508.60 crore in the first quarter of 2022-23 fiscal as compared to INR 193.48 crore a year ago.

The company has also appointed Astha Pareek as an Independent Director on its board.

The Indore-based EKI Energy Services is a carbon credit developer and supplier across the globe.

Bharat said the company presently has four CNG pumps in Kolkata and 19 in West Bengal. Plans are there to increase the number by another two in the city and 10 more in the state during 2022-23.

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