Earnings | Aptech Ltd (NSE:APTECHT): Q3FY23 Results Out; Total Income rise 215% YoY

Aptech Ltd (NSE:APTECHT) is a global education and training company based in India, offering courses in IT, multimedia, and English language training. The company has over 1300 centers across 43 countries, and its courses are designed for students, working professionals, and schools. The company also offers enterprise training solutions and certification programs.

During the period ended December 31, 2022, Aptech Ltd reported total income of Rs. 120.2 crore, which represents an increase of 9.0% compared to the previous quarter’s total income of Rs. 110.4 crore. Similarly, during the same period, the company reported a net profit of Rs. 17.7 crores, which represents an increase of 31.0% compared to the previous quarter’s net profit of Rs. 13.5 crore. Earnings per share (EPS) for the period ended December 31, 2022, were reported at Rs. 4.28, an increase of 31.9% compared to the previous quarter’s EPS of Rs. 3.26.

In comparison to the same period of the previous year, Aptech Ltd’s financial performance has shown significant improvement. The company reported total income of Rs. 120.3 crore during the period ended December 31, 2022, an increase of 47.5% compared to the same period in the previous year when the company reported total income of Rs. 81.5 crore.

Similarly, the company’s net profit for the period ended December 31, 2022, was Rs. 17.7664 crores, an increase of 39.3% compared to the same period in the previous year when the company reported net profit of Rs. 12.7531 crores. EPS for the period ended December 31, 2022, was Rs. 4.28, an increase of 39.4% compared to the same period in the previous year when the company reported EPS of Rs. 3.10.

For the 9 months period ended December 31, 2022, Aptech Ltd reported total income of Rs. 288.6 crores, an increase of 70.0% compared to the same period in the previous year when the company reported total income of Rs. 169.8 crore. During the same period, the company reported net profit of Rs. 34.3 crore, an increase of 43.8% compared to the same period in the previous year when the company reported net profit of Rs. 23.9 crores. EPS for the 9 months period ended December 31, 2022, was Rs. 8.27, an increase of 42.9% compared to the same period in the previous year when the company reported EPS of Rs. 5.80.

Aptech Ltd has shown significant improvement in its financial performance during the period ended December 31, 2022, compared to the previous quarter and the same period in the previous year. The company has reported an increase in total income, net profit, and EPS, indicating that the company’s operations are performing well. The significant increase in total income and net profit for the 9 months period ended December 31, 2022, compared to the same period in the previous year, is particularly noteworthy. These results indicate that Aptech Ltd is a financially stable company with growth potential.