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Last Updated : Nov 10, 2011 11:43 AM IST | Source: CNBC-TV18

Educomp Q2 PAT seen up 2% to Rs 59 cr

Educomp Solutions is likely to report a consolidated profit after tax of Rs 59 crore in the second quarter of FY12, a rise of 2% as compared to Rs 57.8 crore in the corresponding quarter of last fiscal.

 
 
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Educomp Solutions is likely to report a consolidated profit after tax of Rs 59 crore in the second quarter of FY12, a rise of 2% as compared to Rs 57.8 crore in the corresponding quarter of last fiscal.


Revenues are seen going up 26% to Rs 348 crore versus Rs 277 crore during the same period.


Operating profit margin is expected to be at 38.3% in July-September quarter of FY12 as against 38% in a year ago period.


Expectations


Expect Educomp to add around 6250 classrooms in the smart class segment at an average rate of Rs 40 lakh during the quarter.


20%+ revenue growth and EBITDA margins of 38% to 40% during the quarter

However, with the impact of full tax rate of 33% as against 19.5% in Q2FY11 - expect net profit to be flattish

First Published on Nov 10, 2011 11:42 am
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