CL Educate Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023
May 10, 2023 at 08:20 am EDT
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CL Educate Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 674.96 million compared to INR 539.28 million a year ago. Revenue was INR 685.22 million compared to INR 574.5 million a year ago. Net income was INR 21.74 million compared to INR 45.6 million a year ago. Basic earnings per share from continuing operations was INR 0.4 compared to INR 0.84 a year ago. Diluted earnings per share from continuing operations was INR 0.4 compared to INR 0.84 a year ago.
For the full year, sales was INR 2,913.14 million compared to INR 2,091.71 million a year ago. Revenue was INR 2,977.15 million compared to INR 2,178.73 million a year ago. Net income was INR 225.14 million compared to INR 139.23 million a year ago.
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 
