Mumbai: Aptech Limited (BSE: Aptecht), the global learning solutions and vocational skills training company, announced its annual results for the financial year ending March 2017, registering operating revenue of Rs 213 crore on a consolidated basis; a growth of 30% over previous year.
Aptech registered growth across its business segments, viz. retail and institutional. The retail business grew by 12.1% to Rs. 146.07 crore. Institutional business segment doubled to Rs. 67.26 crore from Rs. 32.23 crore last year.
Commenting on Aptech’s performance, Mr. Anil Pant, CEO & MD, Aptech Ltd. said, “This is the new normal for us. We are extremely delighted with the encouraging growth. We continue to be bullish about the opportunity with a commitment to create a global education company that is focused on employment driven growth. The growth through the year was supported by our retail and institutional business that saw increase in demand from tier-2 and tier-3 markets. We see huge opportunities from domestic as well as international markets.”
Consolidated Q4 results:
• Growth of 28.2% in Total Operating Revenue on a Y-o-Y basis to Rs. 50.69 crore
• Operating EBITDA after excluding the ESOP expenses went up by 115.4% to Rs. 9.26 crore as against Rs. 4.3 crore in Q4 FY2015-16
• Profit After Tax (PAT) was up to Rs. 3.54 crore from Rs. 1.83 crore in the same quarter of previous financial year reflecting a growth of 93.2%
For further information on Aptech Limited, please visit our website at: www.aptech-worldwide.com
About Aptech Ltd.
Aptech Ltd. has been the pioneer in the education and training business for the past thirty years. Ever since it’s commencement in 1986 and with a current presence in over 1000 centers, Aptech has effectively ventured into ten diverse sectors ranging from IT training to personal development. With a presence in 40 emerging countries, it has successfully trained over 6.8 million students through its two main streams of business- Individual training and Enterprise business.
Under Individual Training, Aptech offers career and professional training through its Aptech Computer Education, Arena Animation & Maya Academy of Advanced Cinematics (both in Animation & Multimedia), Lakme Academy Powered by Aptech, Aptech Banking & Finance Academy, Aptech Hardware & Networking Academy, Aptech Aviation & Hospitality Academy and Aptech English Learning Academy brands. Enterprise business includes Content Development (Aptech Learning Services), Training and Assessment Solutions for Corporates & Institutions (Aptech Training Solutions, Aptech Assessment & Testing Solutions).