Educomp likely to post Q3 PAT at Rs 98 cr
Education solutions provider Educomp Solutions is set to report a profit after tax of Rs 98 crore for the quarter ended December 2010 as against Rs 58 crore in previous quarter.
February 11, 2011 / 10:23 IST
Education solutions provider Educomp Solutions is set to report a profit after tax of Rs 98 crore for the quarter ended December 2010 as against Rs 58 crore in previous quarter, according to CNBC-TV18 estimates.
Revenues are seen going up by 31% to Rs 363 crore from Rs 277 crore (QoQ). Earning before interest, tax, depreciation and amortisation (EBITDA) is likely to go up by 50% at Rs 160 crore from Rs 106 crore. Operating profit margin is seen improving at 44% versus 38.3% (QoQ).What to watch for -Growth in School Learning Solutions Segment (comprises of Smart Class + ICT) business
*Q2FY11 SLS was Rs 192 crore and EBIT of Rs 88 crore
-Smart Class is on track to meet 25000 -30000 classrooms for FY11
-Q2 Revenues like to like growth was 46% with 5309 schools added @ Rs 4 lakh per class
-2H accounts for 60% of addition (12059 added in 1HFY11 already)
-In Q2 Deferred revenues recognized pertaining to contracts transferred to EduSmart for Rs 42 crore
-Company guided for deferred revenues of Rs 98 crore in Q3FY11
-ICT
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