In an interview to CNBC-TV18, Ninad Karpe, CEO & MD of Aptech discussed government related schemes and also spoke about company's future prospects.
Ninad Karpe, CEO & Managing Director, Aptech, says, the company has been cash rich for the past 3-4 years. He continues to see good momentum ahead.
Aptech provides a wide variety of software courses. It is one of the best Computer education institute in India. It announced its fourth quarter net profit on Tuesday. It rose to 86.17 percent to Rs 13.87 crore against Rs 7.45 crore during the previous quarter ended March 2012.
In an interview with CNBC-TV 18, Ninad Karpe, CMD of Aptech said that its wholly-owned subsidiary has received Rs 83 crore dividend from BJB Career Education of China. Meanwhile, he added, “the company will not factor in numbers of Chinese venture in its consolidated earnings.
Aptech has entered into a strategic tie-up with the United Nation Information Center. In an interview with CNBC-TV18, Ninad Karpe, CEO and MD, Aptech speaks about the tie-up.
In an interview with CNBC-TV18, Ninad Karpe, CEO and MD, Aptech says, the company is a pure education training company and is going to focus on that. Aptech, he says, has strong ambitions to become India’s largest global education company.
In an interview with CNBC-TV18, Ninad Karpe, CEO and MD, Aptech says, the company is focusing on being a global company. According to him, the company’s international revenues will grow somewhere in the region of 28-30% for next year.
Aptech's wholly owned subsidiary received a dividend of about Rs 32 crore from its China venture, which they had entered enter into, a while back. The dividend received is a little less than their Q3 results of Rs 47 crore.