Aptech Q4 net profit dips by 40 per cent to Rs 9.27 crore

Training firm Aptech Ltd today reported dip of nearly 40 per cent in its consolidated net profit at Rs 9.27 crore in the fourth quarter ended March 31.
The company has posted net profit of Rs 15.44 crore in the same period in 2013 which included one time gain of Rs 8 crore from sale of its assets in Chennai.
Total income of Aptech marginally increased to Rs 50.46 crore in the reported quarter from Rs 49.80 crore in corresponding period of financial year 2012-13.
"Our international business has also grown as per potential and we are certain that equipped with our expertise, continuous up gradation of the courses and new programmes for our various education segments," Aptech Managing Director and CEO Ninad Karpe said in a statement.

For year ended March 31, 2014, Aptech's consolidated net profit declined by about 10 per cent to Rs 28.19 crore from Rs 31.4 crore at end of FY'13.
The total income of company at the end of FY'14 increased by about 6 per cent to Rs 181.7 crore from Rs 171.57 crore its reported at the end of FY'13.