Aptech Ltd. Reports Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012
January 22, 2013 at 04:08 am EST
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Aptech Ltd. reported unaudited consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, on consolidated basis, the company reported profit after tax and minority interest of INR 60.4 million or INR 1.24 basic and diluted earnings per share on total income of INR 367.4 million compared to profit after tax and minority interest of INR 59.8 million or INR 1.22 basic and diluted earnings per share on total income of INR 452.2 million for the corresponding period of last year. Profit from operations before other income was INR 28.8 million against INR 62.6 million for the same period last year. Profit from ordinary activities before tax was INR 68.4 million against INR 80.7 million of prior year period.
For the nine months, the company reported profit after tax and minority interest of INR 167.7 million or INR 3.23 basic and diluted earnings per share on total income of INR 1,206.3 million compared to profit after tax and minority interest of INR 662.1 million or INR 13.67 basic and diluted earnings per share on total income of INR 1,847.0 million for the corresponding period of last year. Profit from operations before other income was INR 101.9 million against INR 600.0 million for the same period last year. Profit from ordinary activities before tax was INR 194.8 million against INR 660.1 million of prior year period.
For the quarter, on standalone basis, profit after tax was INR 37.0 million or INR 0.76 basic and diluted earnings per share on total income of INR 196.1 million against profit after tax of INR 47.6 million or INR 0.98 basic and diluted earnings per share on total income of INR 266.4 million for the comparable period of last year. Profit from operations before other income was INR 9.0 million against INR 41.1 million for the same period last year. Profit from ordinary activities before tax was INR 42.2 million against INR 69.2 million of prior year period.
For the nine months, on standalone basis, profit after tax was INR 114.1 million or INR 2.34 basic and diluted earnings per share on total income of INR 671.1 million against profit after tax of INR 107.6 million or INR 2.20 basic and diluted earnings per share on total income of INR 681.1 million for the comparable period of last year. Profit from operations before other income was INR 60.4 million against INR 63.4 million for the same period last year. Profit from ordinary activities before tax was INR 135.4 million against INR 107.5 million of prior year period.
Aptech Limited is an India-based non-formal vocational training company. The Company ventures into diverse sectors ranging from information technology (IT) training, media and entertainment, retail and aviation, beauty and wellness, banking and finance, and the pre-school segment amongst others. It offers training to students, professionals, universities, and corporates through its two main streams of business: Individual Training and Enterprise Business Group. Its Individual Training offers career and professional training through its multi brands, such as Arena Animation, to Maya Academy of Advanced Creativity, Lakme Academy Powered by Aptech, Aptech Learning, Aptech Aviation Academy, and Aptech International Preschool. Its Enterprise business offers Aptech Training Solutions, Aptech Assessment & Testing Solutions for corporates and institutions. With ProAlley, the Company offers online training in graphic design, animation, VFX and game design.