Meanwhile, the BSE Sensex was down 134.22 points, or 0.83%, to 16,084.31.
On BSE, 1.50 lakh shares were traded in the counter as against an average daily volume of 4.52 lakh shares in the past one quarter.
The stock hit a low of Rs 137.30 so far during the day, which is also a 52-week low for the counter. The stock hit a high of Rs 141.25 so far during the day. The stock had hit a 52-week high of Rs 469.80 on 3 June 2011.
The stock had underperformed the market over the past one month until 31 May 2012, falling 27.38% compared with the Sensex's 6.35% fall. The scrip had also underperformed the market in past one quarter, sliding 33.63% as against 8.64% fall in the Sensex.
The small-cap company has an equity capital of Rs 19.31 crore. Face value per share is Rs 2.
Educomp Solutions announced its results after market hours on Wednesday, 30 May 2012. The stock fell 1.88% to Rs 140.70 on Thursday, 31 May 2012. The stock has fallen 3.70% in two consecutive sessions from Rs 143.40 on Wednesday, 30 May 2012.
On a consolidated basis, Educomp Solutions' net profit declined 57.75% to Rs 61.54 crore on 5.10% increase in net sales to Rs 513.61 crore in Q4 March 2012 over Q4 March 2011.
Consolidated net profit surged 150.33% to Rs 61.54 crore on 40.53% increase in net sales to Rs 513.61 crore in Q4 March 2012 over Q3 December 2011.
School learning solutions operational revenue was up 48% at Rs 1,057 crore, while the K-12 schools revenue up 29% at Rs 175.60 crore in the year ended March 2012 over the year ended March 2011.
Higher learning solutions revenue increased 9% in 2011-12 at Rs 62.70 crore, while online, supplement and global revenue up 32% at Rs 196.10 crore in the year ended March 2012 over the year ended March 2011.
The company said its gross debt is down to Rs 1,943.80 crore in the year ended March 2012 from Rs 2,044.30 crore as on 31 December 2011. Cash and bank balance was up at Rs 337.10 crore in the year ended March 2012 from Rs 240.50 crore as on 31 December 2011.
Educomp Solutions, founded in 1994 is a globally diversified education solutions provider and the largest education company in India. Educomp Group reaches out to over 29,000 schools and ~19 million learners and educators across the world.