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.

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