S Chand and Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 06, 2024 at 05:58 am EST
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S Chand and Company Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 763.1 million compared to INR 652.35 million a year ago. Revenue was INR 811.71 million compared to INR 755.9 million a year ago. Net loss was INR 348.9 million compared to INR 261.62 million a year ago. Basic loss per share from continuing operations was INR 9.91 compared to INR 8.69 a year ago. Diluted loss per share from continuing operations was INR 9.91 compared to INR 8.69 a year ago.
For the nine months, sales was INR 2,254.18 million compared to INR 2,198.17 million a year ago. Revenue was INR 2,344.77 million compared to INR 2,446.62 million a year ago. Net loss was INR 725.99 million compared to INR 369.27 million a year ago. Basic loss per share from continuing operations was INR 20.62 compared to INR 12.58 a year ago. Diluted loss per share from continuing operations was INR 20.62 compared to INR 12.58 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 
