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New Delhi [India], February 14 (ANI/PRNewswire): S Chand and Company Limited, one of India's leading education content companies and market leaders in the K-12 segment, has announced robust financial numbers for the quarter Q3FY23 and 9 Months FY23. HIGHLIGHTS OF CONSOLIDATED BUSINESS Consolidated business represents the performance of S Chand and its subsidiaries (S Chand Group) The Company is in a seasonal industry where the 4th quarter contributes over 80% of the annual revenues coinciding with the start of the academic year. 9MFY23 has been the best ever 9M performance in the company's history. S Chand saw the following highlights during the quarter-: - On a CY22 basis, the company reported a PAT of Rs. 812m (EPS: Rs. 23/share). - The company is witnessing strong and resurgent demand in the current sales season of January 2023 - March 2023. - Reports Highest ever 9M Sales in company's history. - Reports Lowest ever 9M EBITDA Losses. 9M EBITDA losses reduced by 38% YoY. ....
New Delhi [India], December 22 (ANI/BusinessWire India): Reach to Teach Private Limited has been awarded the prestigious National Award for 'Excellence in Talent Management' by the Delhi Management Association, and Thomas Assessments Pvt Ltd. This is the first time that a social impact organisation has been recognised with this award. The Delhi Management Association (DMA) is a professional body devoted to the dissemination of management principles and practices, and Thomas Assessments is a human resources and behavioural profiling organisation. They jointly organised the 11th National HR Conclave with an objective to enhance awareness of unique talent management initiatives that have helped organisations achieve success. The award celebrates excellence in human resources and talent management in India recognising HR practices that are pathbreaking. Reach to Teach's strategy to retain talent follows a self-derived strategy of focusing on 4R's - Reach, Respect, Reward an ....
Delhi-NCR [India], November 30 (ANI/BusinessWire India): The Atal Incubation Centre (AIC) at the Shiv Nadar Institution of Eminence, Delhi-NCR, hosted the second edition of IdeaXchange today, its annual flagship event. The full-day event saw the convergence of over 150 delegates from across the country, including investors, business experts, diplomats, technophiles, and startup exhibitors. The startups conveyed the unique value of their product or service and narrated their startup pitch for funding and collaboration opportunities. The event was a creative flow of ideas with several potential investors experiencing the products first-hand and mentoring startups on various parameters such as scaling up and capacity building. Parameswaran Iyer, CEO, NITI Aayog, Government of India, inaugurated the event along with Shikhar Malhotra, Chancellor, Shiv Nadar Institution of Eminence, Delhi-NCR and Trustee, Shiv Nadar Foundation, and Dr Ananya Mukherjee, Vice Chancellor, Shiv Nadar Institution ....
New Delhi [India], September 16 (ANI/PRNewswire): S Chand and Company Ltd, one of India's oldest and largest publishing and education services companies, has signed an agreement with Mahatma Gandhi University, a state-owned public university headquartered in Kottayam in the state of Kerela, for upskilling students in technology-driven programs such as data science, coding, AWS, analytics, Java, etc. According to the MoU, these programs will be conducted in collaboration with iNeuron Intelligence Private Limited, one of India's fastest upskilling technology companies with renowned tech educators like Krish Naik, Sudhanshu Kumar, Hitesh Choudhary and Navin Reddy among others. Over 15,000 students will have access to the programme through a very affordable 2-year membership plan when it launches in October 2022. Commenting on the partnership, Himanshu Gupta, Managing Director of S Chand and Company Limited, said, "We are grateful that Dr. Sabu Thomas, the university's vic ....
Mumbai (Maharashtra) [India], August 17 (ANI/PRNewswire): S Chand and Company Limited, one of India's leading education content companies and market leaders in the K-12 segment has announced robust financial numbers in Q1FY23. HIGHLIGHTS OF CONSOLIDATED BUSINESS Consolidated business represents the performance of S Chand and its subsidiaries (S Chand Group) Consolidated Business Q1-FY23 vs Q1-FY22 (Y-o-Y basis) 1. The Revenue from Operations of the Group has increased to Rs.107 Crores from Rs 36 Crores. The Revenue from Operations registered a growth of ~ 3x; 2. The Profit after tax (PAT) of the Group has increased to Rs 6.23 Crores from a Loss of Rs 31.37 Crores. The PAT registered a movement of Rs. 37.6 Cr. This is the first time company has reported a Profit in Q1; 3. The Operational EBIDTA of the Group has increased to Rs. 11.94 Crores from an EBIDTA Loss of Rs 20.55 Crores. The Operational EBIDTA registered a swing of Rs. 32.49 Crores 4. The EPS for the quarter is Rs 1.78 per ....