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Bombay Stock Exchange-listed Educomp Solutions, on Wednesday announced a 317 per cent jump in its net profit at Rs 61.5 crore during the last quarter of the financial year 2011-12 against the same quarter of the previous year.
During the same period, Educomp reported a rise of 53 percent in its operational revenue at Rs 513.6 crore against Rs 334.7 crore in the year-ago quarter, a company release said.
Its EBITDA rose by 110 per cent to Rs 1,549 crore.
For the financial year 2011-12 (FY12), Educomp reported a 41 percent rise in its operational revenue at Rs 1,491.3 crore, up from Rs 1,056.9 crore in the last fiscal, while its operating net profit increased by 56 per cent to Rs 135.5 crore.
The education solutions provider, which posted a decline in its debt from Rs 2,044.3 crore in the third quarter of FY12 to Rs 1,943.8 crore in the fourth quarter, witnessed an increase in its cash and bank balance to Rs 337 crore in fourth quarter from Rs 240.5 crore in the third quarter.
The company added 17,815 SmartClass classrooms in the fourth quarter.
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