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CL Educate Ltd Q1FY24; 54% fall in Profits.

CL Educate Limited is engaged in the business of providing education and test preparation training programmes which include tuition to school students and coaching to aspirants for a variety of entrance examinations both at the school and graduate/post graduate levels.

Financial Results:

CL Educate Ltd reported Revenues for Q1FY24 of ₹90.02 Crores up from ₹69.61 Crore year on year, a rise of 29.32%.

Total Expenses for Q1FY24 of ₹85.03 Crores up from ₹64.92 Crores year on year, a rise of 30.98%.

Consolidated Net Profit of ₹5.47 Crores down 53.92% from ₹11.87 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.01, down 51.21% from ₹2.07 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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