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Educomp Q4 net surges 73% at Rs 54.51 cr
Press Trust of India / Mumbai Apr 30, 2009, 16:00 IST

Educomp Solutions, an e-learning solutions provider, today said its net profit grew 73.26% to Rs 54.51 crore in the fourth quarter ended March 31, 2009, over the corresponding period of last year.      

The company had a net profit of Rs 31.46 crore in the March quarter of 2007-08, Educomp Solutions said in a filing to the Bombay Stock Exchange.      

Total revenue during the January-March quarter of FY'09 rose to Rs 184.38 crore from Rs 119.53 crore of the same quarter last year.      

For the financial year ended March 31, 2009, Educomp posted a net profit of Rs 128.26 crore, an 83.07% growth compared to Rs 70.06 crore in 2007-08.      

Total revenue of the company rose to Rs 507.09 crore in FY'09 from Rs 274.57 crore of last fiscal.      

On Wednesday, shares of Educomp Solutions closed at Rs 2,474.25, up 3.60% on the BSE.

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