With recently launched GATE coaching, Career Point Infosystems hopes to cash in on the increaseing demand for the examination going forward.
Pramod Maheshwari, CMD and CEO of Career Point Infosystems told CNBC-TV18 that policy changes in the examination system, led to a fall in new entrants in the first quarter.
In an interview to CNBC-TV18, Pramod Maheshwari, CMD & CEO, Career Point Infosystems spoke about new tie-up.
Total income of Career Point this quarter on a standalone basis dropped by 12 percent and on a consolidated basis it was almost the same, that is Rs 27 crore, said Pramod Maheshwari, CMD & CEO of company.
In an interview to CNBC-TV18, Pramod Maheshwari, chief managing director and chief executive director, Career Point Infosystems spoke about the company performance after its listing last month.
Career Point has declared its third quarter results. Pramod Maheshwari, CMD and CEO of Career Point says, for the tutorial business, the next academic session and the next financial year admission has already started taking place. “So far we have enrolled close to 15,000 students for next academic and financial year,” he adds.
CNBC-TV18 caught up with Pramod Maheshwari, CMD and CEO of Career Point Infosystems to get a low-down on developments with his company.
Career Point Infosystems reported a jump in revenue of almost 32% at Rs 20.78 crore for the quarter-ended September 2011, compared with Rs 15.7 crore last quarter.
Career Point Infosystems has declared their Q4 results. The education company reported a jump of 44.69% in profit after tax (PAT) at Rs 7.64 crore for the fourth quarter ended March 31, 2011.
In an interview with CNBC-TV18, Pramod Maheshwari, CMD, Career Point Infosystems Ltd says, the company is setting up two universities.