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Navneet Education Ltd Q1FY24; 5% fall in Profits

Navneet Education Limited is primarily into manufacturing and trading of education books, reference books, technical & professional books in paper form and e-learning form, and also paper and non-paper based stationery products.

Financial Results:

Navneet Education Ltd reported Revenues for Q1FY24 of ₹791.00 Crores up from ₹694.00 Crore year on year, a rise of 13.98%.

Total Expenses for Q1FY24 of ₹604.00 Crores up from ₹512.00 Crores year on year, a rise of 17.97%.

Consolidated Net Profit of ₹145.00 Crores down 4.61% from ₹152.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹6.37, down 5.91% from ₹6.77 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.

Tags: Books
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