Everonn Education has reported results for the year ended March 31, 2011.
The company has registered a growth of 68.13% in its net profit for FY11 at Rs 72.97 crore as compared to Rs 43.40 crore for the previous year. Its net sales/income from operation has increased by 43.19% at Rs 301.63 crore for the year from Rs 210.65 crore in previous year.
On consolidated basis, the group’s net profit after minority interest for the year has surged 48.82% at Rs 67.64 crore as compared to Rs 45.45 crore for the year ended March 31, 2010. Net sales/income from operation for the year has increased by 44.70% at 424.70 crore as compared to Rs 293.50 crore for the previous year.
Everonn Education has recommended a final dividend of Rs 2.50 per equity shares on the face value of Rs 10 per unit, subject to the approval by the shareholders at the ensuing Annual General Meeting.
