Everonn Education has reported results for second quarter ended September 30, 2012.
The company has reported net loss at Rs 34.01 crore for the second quarter as compared to net profit of Rs 4.30 crore for the same quarter in the previous year. Total income of the company has decreased by 71% at Rs 18.51 crore for quarter under review as compared to Rs 63.82 crore for the quarter ended September 30, 2011.
Everonn Education is engaged in the development and sale of educational products and services for both Schools and Colleges. In addition to this, the company also has a network of retail centres (both own and franchise) through which it provides training to the individuals and also facilitates various organizations to conduct tests.
