Educomp net down 57

The total income from operations,however,increased 5.09 per cent to Rs 513.61 crore for the January-March 2012 quarter compared to Rs 488.71 crore in the same period last year.

8220;The reported numbers for Q4 FY8217;11 and full year ended March 31,2011 include the impact of one-time exceptional business transfer revenue BTA of Rs 154 crore Q4 FY8217;11 and Rs 294 crore FY8217;11,8221; Educomp said in a statement.

On a like to like comparison,after eliminating the impact of the one-time business transfer revenue,the net profit for the January-March quarter is up 317 per cent,while operational revenue is up 53 per cent,it added.

For FY8217;12,the company8217;s net profit dipped over 59 per cent to Rs 135.53 crore from Rs 336.67 crore in 2010-11.

The total income from operations,however,increased 10.39 per cent to Rs 1,491.27 crore in FY2011-12 from Rs 1,350.89 crore in the preceding fiscal.

Without the impact of BTA,the operational revenue was up 41 per cent,while net profit grew 56 per cent year-on-year,Educomp said.

School learning solutions operational revenue was up 48 per cent at Rs 1,057 crore,while the K-12 schools revenue up 29 per cent at Rs 175.6 crore in FY8217;12 compared to the previous fiscal.

Higher learning solutions revenue increased nine per cent in 2011-12 at Rs 62.7 crore,while online,supplement and global revenue up 32 per cent at Rs 196.1 crore in FY8217;12 over the previous fiscal.

The company said its gross debt is down to Rs 1,943.8 rore in Q4 FY12 from Rs 2,044.3 crore in Q3 FY12. Cash and bank balance was up at Rs 337 crore in Q4 FY12 from Rs 240.5 crore in the preceding quarter.

Educomp shares closed at Rs 143.40 a piece,down 3.60 per cent from their previous closing at the BSE.