Educomp Solutions' net profit jumped 113.25 per cent to Rs 8.21 crore in the third quarter ended December 31, 2006, compared with the previous corresponding quarter's figure. | |
| The revenues of the e-learning enabler company also surged 117.26 per cent to Rs 27.57 crore for the third quarter for 2006-07 compared with last year's revenue for the same period. |
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The company's EBITDA (earnings before interest, taxes, depreciation and amortisation) stood at Rs 15.82 crore, up 117.20 per cent over the corresponding quarter a year earlier.
| Rs crore | Quarter ended Dec | % chg | | 2005 | 2006 | | Net sales | 12.69 | 27.57 | 117.26 | | Total income | 12.96 | 29.20 | 125.31 | | Expenditure | 5.68 | 13.39 | 135.74 | | Operating profit | 7.28 | 15.82 | 117.31 | | Gross profit | 7.16 | 15.37 | 114.66 | | Net profit | 3.85 | 8.21 | 113.25 | | EPS (Rs) | 3.22 | 5.14 | 59.63 |
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| "We have had an excellent quarter and have expanded dramatically in almost all our business segments, especially 'Smart Class' "� the business segment that caters to private schools. We have recorded year-on-year revenue jump of 192 per cent," Managing Director Shantanu Prakash said. |
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| "Margins have been the highlight of this quarter. Our EBITDA margins have risen 57 per cent. For the year 2005-06, they were 51 per cent for the company," he added. |
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