Birla Shloka Edutech, a Yash Birla group company and a leading player in Educational Services in the country has declared first quarter results for period ended June 30, 2012.
Sales for the first quarter rose by 9.3% to Rs578.8mn as compared to Rs52.95crore in Q1FY12.
Operating profit improved to Rs34.1mn from Rs27.4mn reported in Q1FY12, up 24.4%.
PAT at Rs11mn as against Rs 14.6mn largely due to higher tax provision.
EPS for the first quarter on equity of Rs20.95crore (face value Rs10 each) is Rs0.52
During the quarter, company has added XX schools for the ICT division.
New tender participation
Birla Edutech, a large player in K-12 segment has now become a subsidiary of the company