Educomp Q2 cons net profit down 77% at Rs 13cr

Published on Fri, Nov 11, 2011 at 15:05 |  Source : Moneycontrol.com

Updated at Fri, Nov 11, 2011 at 15:26  

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Educomp Q2 cons net profit down 77% at Rs 13cr

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Educomp Solutions second quarter numbers are below street expectations. The company's Q2 consolidated net profit was down 77% at Rs 13 crore versus Rs 57.8 crore, year-on-year, YoY.

Consolidated net sales were up 15% at Rs 320 crore versus Rs 277 crore, YoY.

The company has reported forex loss of Rs 37 crore versus Rs 2.1 crore in same period last year.

Its EBITDA margin was down at 33% versus 38%.

  

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