S Chand and Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2021
November 13, 2021 at 03:25 am EST
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S Chand and Company Limited reported earnings results for the second quarter and six months ended September 30, 2021. For the second quarter, the company reported sales was INR 518.4 million compared to INR 365.15 million a year ago. Revenue was INR 571.59 million compared to INR 379.37 million a year ago. Net loss was INR 411.77 million compared to INR 472.92 million a year ago. Basic loss per share from continuing operations was INR 11.77 compared to INR 13.52 a year ago. Diluted loss per share from continuing operations was INR 11.77 compared to INR 13.52 a year ago.
For the six months, sales was INR 876.79 million compared to INR 1,079.55 million a year ago. Revenue was INR 966.1 million compared to INR 1,161.95 million a year ago. Net loss was INR 725.5 million compared to INR 577.58 million a year ago. Basic loss per share from continuing operations was INR 20.74 compared to INR 16.51 a year ago. Diluted loss per share from continuing operations was INR 20.74 compared to INR 16.51 a year ago.
S Chand and Company Limited is engaged in the publishing and trading of educational books. The Company offers a suite of products which offers complete solutions for learners across K-12, higher education, competitive examinations and digital platforms. The Company caters to schools, higher educational institutions, professional colleges, and vocational training institutes. Its K-12 content portfolio is offered to students from ages four through eighteen years and includes instructional resources across hundreds of programs. Its brands include S Chand, Madhubun, Saraswati, Chhaya and IPP. Its higher education segment comprises two components: test preparation and college and university/technical and professional. Its early learning business segment's brands include BPI, Smartivity and Risekids. It has presence in a classroom learning segment through Destination Success, and a presence in device-based learning through Mystudygear, Intellitab and Ignitor.
S CHAND AND COMPANY LIMITED 
