MoneyWorks4Me

Ironwood Education - Quaterly Results

11 Aug 2023 Evaluate
A decrease in the sales to Rs. 2.53 millions was observed for the quarter ended June 2023. The sales stood at Rs. 2.74 millions during the similar quarter previous year.The Net Loss for the quarter ended June 2023 is Rs. -3.83 millions as compared to Net Loss of Rs. -3.14 millions of corresponding quarter ended June 2022 Operating profit Margin for the quarter ended June 2023 further decreased to -1.40% as compared to -0.98% of corresponding quarter ended June 2022


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 2.53 2.74 -7.66 2.53 2.74 -7.66 12.59 7.41 69.91
Other Income 0.70 1.88 -62.77 0.70 1.88 -62.77 4.78 4.56 4.82
PBIDT -1.40 -0.98 42.86 -1.40 -0.98 42.86 0.78 -2.60 -130.00
Interest 1.42 1.33 6.77 1.42 1.33 6.77 5.82 4.06 43.35
PBDT -2.82 -2.31 22.08 -2.82 -2.31 22.08 -5.04 -6.66 -24.32
Depreciation 1.01 0.86 17.44 1.01 0.86 17.44 4.39 2.36 86.02
PBT -3.83 -3.17 20.82 -3.83 -3.17 20.82 -9.43 -9.02 4.55
TAX 0.00 -0.03 0.00 0.00 -0.03 0.00 -0.40 0.31 -229.03
Deferred Tax 0.00 -0.03 0.00 0.00 -0.03 0.00 -0.40 0.31 -229.03
PAT -3.83 -3.14 21.97 -3.83 -3.14 21.97 -9.03 -9.33 -3.22
Equity 79.08 79.08 0.00 79.08 79.08 0.00 79.08 79.08 0.00
PBIDTM(%) -55.34 -35.77 54.72 -55.34 -35.77 54.72 6.20 -35.09 -117.66
Peers
Company Name CMP
Physicswallah 136.65
Crizac 152.50
CL Educate 52.33
Veranda Learning Sln 40.95
Zee Learn 5.98
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