S Chand and Company Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
May 24, 2024 at 05:34 pm IST
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S Chand and Company Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 4,371.61 million compared to INR 3,905.07 million a year ago. Revenue was INR 4,379.74 million compared to INR 3,985.73 million a year ago. Net income was INR 1,292.33 million compared to INR 1,029.63 million a year ago. Basic earnings per share from continuing operations was INR 36.41 compared to INR 28.93 a year ago. Diluted earnings per share from continuing operations was INR 36.41 compared to INR 28.9 a year ago.
For the full year, sales was INR 6,625.79 million compared to INR 6,103.24 million a year ago. Revenue was INR 6,724.51 million compared to INR 6,432.35 million a year ago. Net income was INR 566.34 million compared to INR 660.36 million a year ago. Basic earnings per share from continuing operations was INR 14.53 compared to INR 16.42 a year ago. Diluted earnings per share from continuing operations was INR 14.53 compared to INR 16.4 a year ago.
S Chand and Company Limited is engaged in the publishing and trading of educational books. The Company offers a suite of products which offers complete solutions for learners across K-12, higher education, competitive examinations and digital platforms. The Company caters to schools, higher educational institutions, professional colleges, and vocational training institutes. Its K-12 content portfolio is offered to students from ages four through eighteen years and includes instructional resources across hundreds of programs. Its brands include S Chand, Madhubun, Saraswati, Chhaya and IPP. Its higher education segment comprises two components: test preparation and college and university/technical and professional. Its early learning business segment's brands include BPI, Smartivity and Risekids. It has presence in a classroom learning segment through Destination Success, and a presence in device-based learning through Mystudygear, Intellitab and Ignitor.