Zee Learn
By
Ruma Dubey
about 8 years ago
Zee Learn posted very good numbers for Q3FY17 on the back of which it had hit a new 52-week high.
Revenue showed a 14% (YoY) jump at Rs.25 crore. Keeping a tight leash on costs, EBITDA was up 38% at Rs.9 crore and margins improved to 35.1% from 29.1%. Net profit was up over 2.6 times at Rs.6 crore.
Its net profit for 9MFY17 is at Rs.22 crore and this has already surpassed entire FY16 net profit of Rs.15 crore. Clearly, this fiscal will be a bumper year.
Its equity is at Rs.32.07 crore and annualized EPS is at Rs.0.89 (FV of Re.1). The only irking factor in the stock is its ongoing corporate governance issue with Tree House.
7.94 (-0.36)