Educomp Solutions second quarter numbers are below street expectations. The company's Q2 consolidated net profit was down 77% at Rs 13 crore versus Rs 57.8 crore, year-on-year, YoY.
Consolidated net sales were up 15% at Rs 320 crore versus Rs 277 crore, YoY.
The company has reported forex loss of Rs 37 crore versus Rs 2.1 crore in same period last year.
Its EBITDA margin was down at 33% versus 38%.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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