Zee Learn numbers up

BENGALURU: The Essel group’s educational arm, Zee Learn Ltd (Zee Learn), reported 47.9 per cent growth in total revenue and 89.1 per cent growth in EBITDA including other revenue for the year ended 31 March 2018 (FY-2018, year under review) as compared to FY-2017. Zee Learn reported total revenue of Rs 272.54 crore for FY-2018 as compared to Rs 184.28 crore in FY-2017. EBITDA for the year under review was Rs 105.79 crore (38.8 per cent margin) as compared to Rs 55.93 crore (30.4 per cent margin) in FY-2017.

Profit after tax (PAT) for FY-2018 was 47.1 per cent higher at Rs 49.28 crore as compared to Rs 33.51 crore in FY-2017. Total comprehensive income in FY-2018 was Rs 49.40 crore, 47.1 per cent higher than the Rs 33.59 crore in the previous fiscal.

Zee Learn has three segments education and related services (ERS); construction and leasing (for education) (C&L); and manpower and training (M&T), a segment that started in FY-2018. ERS segment contributed a lion’s share to the company’s numbers. Revenue for ERS segment in FY-2018 was Rs 186.34 crore as compared to Rs 160.45 crore in FY-2017. The segment had an operating profit of Rs 82.77 crore in FY-2018 as compared to Rs 47.39 crore in FY-2017.

C&L segment had revenue of Rs 29.57 crore in FY-2018 as compared to Rs 20.04 crore in FY-2017. C&L operating profit for the year under review was Rs 6.18 crore as compared to Rs 1.95 crore in FY-2017. M&T segment had revenue of Rs 53.50 crore and an operating profit of Rs 2.02 crore for FY-2018.

Total expense in FY-2018 at Rs 196.98 crore was 24 per cent higher than the Rs 158.87 crore in FY-2017. Operational cost at Rs 5.12 crore was 56.1 per cent higher than Rs 3.28 crore in the previous year. Employee benefit expense in the year under review was 168.1 per cent higher at Rs 78.79 crore as compared to Rs 29.39 crore in FY-2017. Other expense in FY-2018 at Rs 26.66 crore was 27.8 per cent lower than Rs 36.93 crore in FY-2017.

Also Read :

No deal yet with MT Educare: Zee Learn

Zee Learn PAT more than doubles for FY-17

Latest Reads
COLORS Bangla presents a romantic tale of two passionate hearts – Chirodini Ami Je Tomar

MUMBAI: Maybe you don’t find love the way you hoped to, but eventually it finds you in the way you were meant to! One such tale is that of ‘Chirodini Ami Je Tomar’ the new true-blue romantic show by COLORS Bangla, premiering on Monday July 29, 2019, airing from Monday to Saturday at 6:30pm....

Television TV Channels Regional
Industry gives mixed views on BARC India's decision to separate pay and FTA viewership

BARC India’s decision to split its reportage of pay and FTA viewership has received mixed reviews from the industry. While some believe that this will be beneficial to both broadcasters and advertisers in channelising their resources, others believe that it has no meaningful objective.

Television TV Channels Viewership
ZEEL reports 13.3% YoY growth in total revenue for Q1 FY20

Zee Entertainment Enterprises Ltd (ZEEL) has reported 13.3 per cent YoY growth in total revenue at Rs 20,081 million. The company mentioned domestic broadcast and digital business as the growth driver for strong performance.

Television TV Channels GECs
Punit Goenka on Zee Entertainment stake sale: Have one binding offer, awaiting another

MUMBAI: With speculation rife over the stake sale of Zee Entertainment Enterprises Limited (ZEEL), MD and CEO Punit Goenka on Tuesday suggested that the company was inching closer to ink the high-profile deal.

Television TV Channels GECs
Nawazuddin Siddiqui is #ShakenAndStirred by these seductively complex British dramas on television

MUMBAI: Drama is not without conflict. Only when the lines are drawn can they be crossed and only when the rules are understood can they be broken. Bringing stories that will leave you #ShakenAndStirred, Zee Café is back with the third season of its flagship programming block - BBC First – with...

Television TV Channels English Entertainment
Dabang Delhi KC ropes in JK Super Cement as principal sponsors for Pro Kabaddi League Season-7

MUMBAI: Dabang Delhi Kabaddi Club, owned by DO IT Sports Management, today announced its association with JK Super Cement, India’s premier cement brand, which will now serve as the principal sponsor of the team. As part of this partnership, Dabang Delhi players will now sport the JK Super brand...

Television TV Channels Sports
Discovery’s first of its kind show 'Capital Police - Beyond the Khaki' captures Delhi Police live in action

Mumbai - Delhi, the capital of India, the second most populous complex megacity in the world buzzing with over 18 million people, is managed by 81,000 personnel of Delhi Police. In a first of its kind television series, ‘Capital Police - Beyond the Khaki’, scheduled to premiere on 23rd July at 9 PM...

Television TV Channels Factual @ Discovery
It’s time to go ‘Back To The Future’ and meet your favourite Shel-Bot as Zee Café airs The Big Bang Theory Season 11 and Season 12

MUMBAI: A white board filled cryptic algorithms, a couch with a reserved spot and a bunch of math geeks with a gorgeous neighbour next door – The Big Bang Theory is one show that has truly had us hooked for twelve straight seasons! Still coming to terms with the end of an era as the series reached...

Television TV Channels English Entertainment
A+ E Networks | TV18 elevates Arun Thapar to president - content & communication

MUMBAI: A+E Networks | TV18 has promoted Arun Thapar as President - Content & Communication. In his new role, Thapar will additionally manage Brand Marketing, Digital, and Branded Content of A+E Networks | TV18 along with his current portfolio of Content Strategy Management, Creative and...

Television TV Channels People

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories