/ -- S Chand and Company Limited, one of India's leading education content companies and market leaders in the K-12 segment has announced robust financial numbers in Q1FY23. HIGHLIGHTS OF CONSOLIDATED BUSINESS Consolidated business represents the performance of S Chand and its subsidiaries (S Chand Group) Consolidated Business Q1-FY23 vs Q1-FY22 (Y-o-Y basis) 1. The Revenue from Operations of the Group has increased to Rs.107 Crores from Rs. 36 Crores. The Revenue from Operations registered a growth of ~ 3x; 2. The Profit after tax (PAT) of the Group has increased to Rs. 6.23 Crores from a Loss of Rs. 31.37 Crores. The PAT registered a movement of Rs. 37.6 Cr. This is the first time company has reported a Profit in Q1; 3. The Operational EBIDTA of the Group has increased to Rs. 11.94 Crores from a EBIDTA Loss of Rs. 20.55 Crores. The Operational EBIDTA registered a swing of Rs. 32.49 Crores 4. The EPS for the quarter is Rs. 1.78 per share from a negative Rs. 8.97 per shar
With Rs 325-crore IPO proceeds, S Chand aims to consolidate
Company has allotted little over 32 lakh shares at Rs 670 apiece to 15 anchor investors
Strong growth and higher margins than peers are currently captured well in valuations