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Zee Learn Limited declares Q-4 FY16 results

Zee Learn Limited, a leading player in core education and India’s Most Trusted Diversified Education Brand*, today reported its Q4 FY16 Audited results, showing that the company is firmly set on growth path. The Board of Directors, in its meeting held today, approved and took on record the financial results of Zee Learn Ltd. for the fourth quarter ended March 31, 2016.

Q4 Highlights:

  1. The company reported standalone net profit of Rs. 77.63 mn for the quarter ended March 31, 2016 as against net profit of Rs. 38.15 mn for the corresponding quarter ending March 31, 2015, 104% growth over same quarter last year.
  1. Revenue from operations for the quarter ending March 31, 2016 stood at Rs. 502.31 mn, up against Rs. 416.87 mn for the corresponding quarter ending March 31, 2015, 20% growth over same quarter last year.
  2. Operating EBITDA for the quarter ending March 31, 2016 stood at Rs. 114.09 mn, up against Rs. 71.86 mn for the corresponding quarter ending March 31, 2015, 59% growth over same quarter last year.

FY 2016 Highlights:

  • Standalone Net profit for the company, for year ended March 31, 2016 stood at Rs. 150.69 mn, up against Net profit of Rs. 96.23 mn for the corresponding year ending March 31, 2015, 57% growth over last year.
  • Standalone Revenue from operations for the year ending March 31, 2016 stood at Rs. 1390.09 mn, up against Rs. 1215.83 mn for the corresponding year ending March 31, 2015.
  • Operating EBITDA for the year ending March 31, 2016 stood at Rs. 317.59 mn, up against Rs. 249.39 mn for the corresponding year ending March 31, 2015, 27% growth over last year.
  • Consolidated Net profit for the company, for the year ended March 31, 2016 stood at Rs. 150.83 mn, up against Net profit of Rs. 98.94 mn for the corresponding year ending March 31, 2015, 52% growth over last year.
  • Consolidated Revenue from operations for the year ending March 31, 2016 stood at Rs. 1513.28 mn, up against Rs. 1277.83 mn for the corresponding year ending March 31, 2015.

Consolidated Operating EBITDA for the year ending March 31, 2016 stood at Rs. 432.66 mn, up against Rs. 306.08 mn for the corresponding year ending March 31, 2015, 41% growth over last year.

Commenting on the performance, Mr. Umesh Pradhan, Chief Financial Officer, Zee Learn Ltd said, “Company continues to deliver on its promise of sustained profitability and improving on margins. The Company has shown remarkable growth in profit after tax, both for the current quarter and for the 12 month period. The improved performance is a result of sustained growth in the business in spite of tough economic conditions and through various measures taken for driving efficiencies in running its pre-school and K-12 school operations, run under the brand name of ‘Kidzee’ and ‘Mount Litera Zee School’ respectively.”

Recent Recognitions for Zee Learn:

  1. *Zee Learn Ltd is India’s “Most Trusted organization in Diversified Education” according to Trust Research Advisory (TRA) for two consecutive years.
  2. Kidzee on the other hand has been rated the Most Trusted Preschool brand by Trust Research Advisory as also the “Most Attractive Brand” in the Preschool category by same organization.
  3. Mount LItera Zee School Awarded “K-12 School Chain of the year” at India Education Conclave 2015
  4. Kidzee Ranked among India’s Top 100 Business Opportunities by Franchise India in 2015

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