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In an interview to CNBC-TV18, A Srinivasan, MD of Everonn Education spoke about the strategy for the company, going forward. He expects the bottomline to improve as it shifts to higher return yielding models.
A Srinivasan, managing director, Everonn Education is bullish that the company's margins will improve in the coming fiscal. The company developed three or four new products and platforms and plans to hit the market with them by July. He said the company plans capex of Rs 70 cr in K-12 schools this year.
Rajesh Bhatia, managing director of Tree House Education, in an interview to CNBC-TV18, gave his view on how the company will perform going forward.
Nikhil Gandhi, group chairman of SKIL Infra, in an interview with CNBC-TV18's Udayan Mukherjee and Mitali Mukherjee, said that the company is planning to raise funds through long-term debt to meet requirements.
Chennai-based learning solutions provider Everonn Education reported a consolidated net profit of Rs 68 crore in FY11 recording a year on year (YoY) growth of 49%. Its consolidated revenue stood at Rs 425 crore for FY11 as against Rs 294 crore for FY10, rise of 45% (YoY).
Learning solutions provider Everonn Education said on Monday it has signed a joint venture agreement with India's National Skill Development Corp.
P Kishore, MD, Everonn Education Ltd, in an interview with CNBC-TV18’s Gautam Broker and Latha Venkatesh, spoke about the recent happenings in his company and the road ahead.
Susha John, Co-Founder Director, Everonn Education in an interview with CNBC TV-18 said, “This partnership with Microsoft is a unique one and is specifically for the academia. We will take these Microsoft certified courses directly to the colleges thereby increasing the employability of the students."
Everonn Education is showing a good upper move and a strong stock momentum. Their several businesses such as ViTELs and the school division, ICT has shown remarkable growth in revenues. Their subsidiaries have also shown a good performance.
