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Aptech declines despite reporting 25% rise in Q1 consolidated net profit

06 Aug 2013

Aptech is currently trading at Rs. 59.75, down by 1.25 points or 2.05% from its previous closing of Rs. 61.00 on the BSE.

The scrip opened at Rs. 60.00 and has touched a high and low of Rs. 60.70 and Rs. 58.35 respectively. So far 83198 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 80.40 on 05-Oct-2012 and a 52 week low of Rs. 40.15 on 22-Mar-2013.

Last one week high and low of the scrip stood at Rs. 68.10 and Rs. 60.30 respectively. The current market cap of the company is Rs. 285.29 crore.

The promoters holding in the company stood at 38.56% while Institutions and Non-Institutions held 6.86% and 54.55% respectively.

Aptech has reported results for first quarter ended June 30, 2013.

On the consolidated basis, The Company has reported 25.20% rise in its net profit after tax & minority interest at Rs 4.72 crore for the quarter as compared to Rs 3.77 crore for the same quarter in the previous year. Total income of the company has increased by 9.85% at Rs 42.48 crore for quarter under review as compared to Rs 38.67 crore for the quarter ended June 30, 2012.

Aptech is provider of learning solutions to retail and corporate client across the world. The company operates two business segment retail and non retail. The retail segment consists of global information technology (IT), multimedia training and N-Power. Under this it has created brands like ACE (Aptech computer education), Arena animation, Avalon Academy, N-Power (hardware and networking) and Aptech Worldwide.

Related Aptech Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323