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Career Point Ltd Q1FY24; 60% rise in Profits

Career Point Limited is an Indian education company established in 1993. It has a diversified products and integrated services in both regulated and non-regulated education segments including Pre-school, School Education, Test-Prep, Higher Education, e-Learning and Vocational Education. Company has established a niche in test preparation and school curriculum tutoring through a nationwide network of co. operated branches.

Financial Results:

Career Point Ltd reported Revenues for Q1FY24 of ₹29.00 Crores up from ₹20.00 Crore year on year, a rise of 45.0%.

Total Expenses for Q1FY24 of ₹9.00 Crores up from ₹8.00 Crores year on year, a rise of 12.5%.

Consolidated Net Profit of ₹16.00 Crores up 60.0% from ₹10.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹8.93, up 71.07% from ₹5.22 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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