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Aptech Ltd Q2FY24; 21% fall in Profits

Aptech Ltd. is a pioneer in the non-formal education and training business in the country with a significant global presence.
It was established in 1986 and has 800 centers. It has a presence in diverse sectors ranging from IT training, media & entertainment, retail & aviation, beauty & wellness, banking & finance, and pre-school segment amongst others. It has successfully trained students, professionals, universities & corporates through its two main streams of business – Individual Training and Enterprise Business Group

Financial Results:

Aptech Ltd reported Revenues for Q2FY24 of ₹109.00 Crores up from ₹105.00 Crore year on year, a rise of 3.81%.

Total Expenses for Q2FY24 of ₹98.00 Crores up from ₹93.00 Crores year on year, a rise of 5.38%.

Consolidated Net Profit of ₹11.00 Crores down 21.43% from ₹14.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.97, down 15.81% from ₹2.34 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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