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Educomp Q4 net jumps at Rs 31.46 cr

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Press Trust of India Mumbai
Last Updated : Jan 19 2013 | 10:22 PM IST

The company had a net profit of Rs 13.13 crore in the fourth quarter last fiscal, Educomp said in a filing to the Bombay Stock Exchange.     

The stand-alone total revenue has increased to Rs 119.53 crore for the quarter ended March 31, from Rs 51.86 crore in the year-ago period.     

For the year ended March 31, Educomp posted a net profit of Rs 70.06 crore, against Rs 28.58 crore in the period under review last fiscal.     

Total revenue of the company increased to Rs 276.92 crore for the year ended March 31, from Rs 112.17 crore a year ago. Meanwhile, the company said it is planning to raise up to 500 million dollar through the issue of securities, including Foreign Currency Convertible Bonds (FCCBs) or Global Depository Receipts (GDRs) in the international markets.     


On a consolidated basis, the group reported a profit after tax of Rs 31.70 crore for the quarter ended March 31, and a total revenue of Rs 127.38 crore.     

For the year ended March 31, the group reported a profit after tax of Rs 70.43 crore and a total revenue of Rs 304.22 crore. Shares of the company were trading at Rs 4133.20, down 0.04 per cent on BSE in afternoon trade.

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