CL Educate Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2021
February 02, 2022 at 08:19 am EST
Share
CL Educate Limited reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was INR 501.62 million compared to INR 458.94 million a year ago. Revenue was INR 537.96 million compared to INR 467.62 million a year ago. Net income was INR 31.75 million compared to net loss of INR 4.3 million a year ago. Basic earnings per share was INR 0.545 compared to basic loss per share of INR 0.07 a year ago. Diluted earnings per share was INR 0.545 compared to diluted loss per share of INR 0.07 a year ago.
For the nine months, sales was INR 1,552.42 million compared to INR 1,386.94 million a year ago. Revenue was INR 1,604.24 million compared to INR 1,446.46 million a year ago. Net income was INR 93.78 million compared to INR 0.207 million a year ago. Basic earnings per share was INR 1.615. Diluted earnings per share was INR 1.615.
CL Educate Limited is an India-based company, which is engaged in providing education and test preparation training programs. The Companyâs segments include EdTech and MarTech. Under the EdTech segment it serves various products which can be categorized into: Test Preparation, Platform Monetization and Content Monetization. For the MarTech segment, under the brand name Kestone, the Company offers services to corporates: Experiential Marketing & Event Management Solutions, Digital & MarComm services, Customized Engagement Programs, Transitioning Businesses into the Metaverse and Strategic Business Solutions. Its Platform Monetization offers various educational institutions an array of its products, such as Integrated solutions to educational institutions & universities across India, Student Recruitment Services and Research & Incubation Services. Its test preparation provides Career Launcher offers various products through its digital and business partner channels of distribution.
CL EDUCATE LIMITED 
