Business

Zee Learn FY19 total revenue doubles to Rs 549 Cr; EBITDA at all time high of Rs 158 Cr

ANI | May 18, 2019 05:25 PM
Zee Learn Limited

Mumbai (Maharashtra) [India] May 18 (ANI/BusinessWire India): Zee Learn Limited, India's leading Education Company and India's Most Trusted Diversified Education Brand, today reported its standalone and consolidated Q4FY19 and FY18-19 Annual financial results.

Q4 FY19 performance on a consolidated basis:

* Total Revenue for Q4 FY19 at Rs 176.0 Cr up from Rs 90.8 Cr in Q4 FY18

* EBITDA for Q4 FY19 at Rs 51.9 Cr up from Rs 36.1 Cr in Q4 FY18

* PBT for Q4 FY19 at Rs 41.1 Cr up from Rs 27.7 Cr in Q4 FY18

* PAT for Q4 FY19 at Rs 31.3 Cr up from Rs 17.4 Cr in Q4 FY18

FY19 performance on a consolidated basis:

* Total Revenue for FY19 at Rs 549.3 Cr up from Rs 272.5 Cr in FY18

* EBITDA for FY19 at Rs 157.7 Cr up from Rs 102.1 Cr in FY18

* PBT for FY19 at Rs 113.9 Cr up from Rs 75.6 Cr in FY18

* PAT for FY19 at Rs 83.4 Cr up from Rs 49.3 Cr in FY18

"The overall performance of the company for this year and the past few years has been very good. The Company has now got all the building blocks in place for ensuring an even faster-paced growth in the coming time. With the addition of MT Educare Ltd. to our portfolio, we are now a full services education company with offerings ranging from Pre-K to K12 / Higher Education on one hand and ranging from core to supplementary education on the other hand", said Ajey Kumar, MD, Zee Learn Ltd.

"During the year, we expanded operating margins, improved the quality of our product mix, generated sufficient cash flow for operations and continued to streamline our product portfolio. These results reflect our unrelenting commitment to all the stakeholders and our intense focus on disciplined execution within our core businesses", said Debshankar Mukhopadhyay, CEO, Zee Learn Ltd.

Figs in Rs in Cr Financial Highlights: ZLL Consolidated (MT Educare Ltd consolidated for 10 months)

New Initiatives

Initiatives undertaken during the year are:

Kidzee Day Care - The Kidzee Day Care programme is based on the philosophy of providing a child with a home away from home. The Day Care programme has been designed to accommodate all the requirements of a child - rest, play, nutrition and learning.

Ankurum - It is aimed at providing structured quality education at an affordable cost in a safe and secure environment. Ankurum's well-researched curriculum 'Initium' is designed to help each child realize his/her unique potential in a self-paced manner.

Fun n Learn - Fun N learn is an innovative product from Kidzee that integrates fundamental learning into specially designed activities and games mapped to the Kidzee Curriculum.

Kidzee Little Artist Box - It is an innovative and engaging educational product so that children can constantly learn through the joy of play.

Kidzee Healthy and Happy Program - Kids today are becoming increasingly susceptible to lifestyle ailments such as obesity, diabetes and asthma. Keeping this in mind, Kidzee has designed a holistic health check-up and wellness programme that focuses on General Health Assessment, Dental Health, Eye-health, Dietary assessment, Health Games and a contest for Behavioural Assessment.

Luminosity - Luminosity is a proprietary new age Learning Management System (LMS) conceptualized, designed and developed by Zee Learn. Luminosity provides teachers of MLZS a simple and user-friendly interface to access a host of high-end digital content to make the teaching-learning process engaging, enriching, effective and fun.

New Age Learning Resources - The New Age Learning Resources are designed to ensure academic excellence through skill-based interventions and not only provide a rich learning experience to our MLZS students but will also help our MLZS teachers significantly by providing them with a set of well-researched learning tools and enrichment tools.

Literati - The Literati is a monthly newsletter targeted at the students of Mount Litera Zee Schools (MLZS). The Literati is designed to act as a medium to spread awareness about the great work being done across our school network.

Journalism Program - ZIMA - School of Journalism launched the most exclusive 9-month Certificate programme in Journalism at its Mumbai (Andheri) campus. This course is being executed in collaboration with Zee Media Corporation Limited (ZMCL) with an emphasis on learning in the real environment.

Aesthetics - A Youth Conclave was organized by ZICA and ZIMA for VFX, Animation and Gaming students and industry professionals. The conclave had sessions with eminent personalities from Adobe, Zee5, MSI Global, Unity Technologies and more.

This story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article. (ANI/BusinessWire India)

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