Press Releases2014Oct 28, 2014
Zee Learn Limited declares its Q2 results for FY15
Zee Learn Limited, a leading player in core education, reported its Q2 FY15 financial results.« Back
Net profits for the H1FY15 stands at Rs. 416.41 Lacs vis-Ã -vis Profit of Rs. 94.50 lacs in H1FY14 i.e. a growth of 341%.
The profits for the H1FY14 are adjusted for one time foreign exchange gain of Rs. 185.61 lacs.
Commenting on the performance, K.V.S.Seshasai, CEO, Zee Learn Ltd said, "Zee Learn continues to be on growth trajectory on the back of significant improvement in the operational performance of its pre-school brand, Kidzee and the K-12 brand, Mount Litera. The company is constantly endeavoring to optimize its operating cost which would leverage its EBITDA margins going forward.
In order to focus more on its core business operation of providing education in pre-school and K-12 schools, during the quarter, Company transferred the operations of servicing educational content of Television channel ZeeQ to its group company, Zee Entertainment Enterprises Ltd."