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Ironwood Education - Quaterly Results

27 May 2024 Evaluate
The March 2024 quarter revenue stood at Rs. 5.60 millions, up 22.00% as compared to Rs. 4.59 millions during the corresponding quarter last year.The Net Loss for the quarter ended March 2024 is Rs. -57.05 millions as compared to Net Loss of Rs. -1.08 millions of corresponding quarter ended March 2023Operating profit for the quarter ended March 2024 rose to 1.74 millions as compared to 1.45 millions of corresponding quarter ended March 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 5.60 4.59 22.00 15.84 12.59 25.81 15.84 12.59 25.81
Other Income 0.76 0.37 105.41 2.63 4.91 -46.44 2.63 4.91 -46.44
PBIDT 1.74 1.45 20.00 -0.03 1.61 -101.86 -0.03 1.61 -101.86
Interest 2.16 1.62 33.33 6.02 6.66 -9.61 6.02 6.66 -9.61
PBDT -55.79 -0.17 32717.65 -51.07 -5.05 911.29 -51.07 -5.05 911.29
Depreciation 1.10 1.23 -10.57 4.32 4.39 -1.59 4.32 4.39 -1.59
PBT -56.89 -1.40 3963.57 -55.39 -9.44 486.76 -55.39 -9.44 486.76
TAX 0.16 -0.32 -150.00 0.15 -0.40 -137.50 0.15 -0.40 -137.50
Deferred Tax 0.16 -0.32 -150.00 0.15 -0.40 -137.50 0.15 -0.40 -137.50
PAT -57.05 -1.08 5182.41 -55.54 -9.04 514.38 -55.54 -9.04 514.38
Equity 79.08 79.08 0.00 79.08 79.08 0.00 79.08 79.08 0.00
PBIDTM(%) 31.07 31.59 -1.64 -0.19 12.79 -101.48 -0.19 12.79 -101.48
Peers
Company Name CMP
Physicswallah 133.00
Crizac 184.70
Veranda Learning Sln 234.25
Zee Learn 6.80
CL Educate 54.65
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