• Home
  • Contact Us!
  • Privacy Policy

Radio Metta

  • Home
  • Business
  • Education
  • Health
  • Home Deco
  • News
  • Real Estate
  • Technology
  • Contact Us!
  • Privacy Policy
Home» Education»Zee Learn Q1 net profit doubles to Rs 8.01 crore

Zee Learn Q1 net profit doubles to Rs 8.01 crore

Saheli 06 Aug 2016 Education Comments Off on Zee Learn Q1 net profit doubles to Rs 8.01 crore 211 Views

Tree House Education to merge with Zee Learn

Education services player Zee Learn has posted a 50.6% rise in net profit for the first quarter ended June 30, 2016. The company posted net profit of Rs 8.01 crore for the first quarter of FY17 compared to Rs 3.95 crore posted in same quarter of FY16. The company reported Rs 7.76 crore profit in the fourth quarter of FY16.

 

Revenue from operations stood at Rs 42.06 crore for Q1 FY17 compared to Rs 35.79 crore in Q1 FY16. Operating EBITDA (Earnings before interest, taxes, depreciation and amortisation) stood at Rs 12.96 crore for the quarter compared to Rs 8.20 crore in the same quarter last fiscal.
“We continue to drive productivity and improve various operating levers even as we invest in growth of people, brands, processes and IP creation. During the quarter, we maintained strong cash flow generation with an increase in operating margins and launch of next generation businesses,” said Umesh Pradhan, chief financial officer, Zee Learn.
Zee Learn has recently announced the appointment ofDebshankar Mukhopadhyay as the chief executive officer of the company.
In June, Zee Learn had said that it has decided to put on hold the proposed merger of Tree House & Accessories with itself. This deal, announced in December 2015, was to make the combined entity the largest pre-school chain in India.
[Source:- Business Standard]
8.01 crore doubles learn net profit Q1 Rs to Zee 2016-08-06
Tags 8.01 crore doubles learn net profit Q1 Rs to Zee
Facebook Twitter Stumble linkedin Pinterest More

Authors

Posted by : Saheli
Previous Article :

Design your future

Next Article :

How Silicon Valley helps spread the same sterile aesthetic across the world

Related Articles

EdTech Hub at CIES 2025

EdTech Hub at CIES 2025

admin 19 Mar 2025
The most recent artificial intelligence news we declared in January

The most recent artificial intelligence news we declared in January

admin 07 Feb 2025
Most recent site lives: Summer 2024

Most recent site lives: Summer 2024

admin 30 Sep 2024

Latest Post

Cross-skilling: How to maintain government efficiency amidst change
Technology

Cross-skilling: How to maintain government efficiency amidst change

admin 21 May 2025
Our comprehensive list of 135 topics for real estate blogs
Real Estate

Our comprehensive list of 135 topics for real estate blogs

admin 13 May 2025
Why some houses sell more quickly than others
Real Estate

Why some houses sell more quickly than others

admin 07 May 2025
Get AI Ready — What IT Leaders Need to Know and Do
Technology

Get AI Ready — What IT Leaders Need to Know and Do

admin 22 Apr 2025
Job Prospects in Real Estate: Is Real Estate a Good Career Path?
Real Estate

Job Prospects in Real Estate: Is Real Estate a Good Career Path?

admin 12 Apr 2025

Creating Spaces: Decor for Every Room in Your Home

admin 05 Apr 2025
Tips for staying safe online and tracking scams
Technology

Tips for staying safe online and tracking scams

admin 01 Apr 2025
June 2025
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30  
« May    
  • Home
  • Contact Us!
  • Privacy Policy
Copyright 2016, All Rights Reserved
Magazine Blog News WordPress Theme