The Board of Directors at its meeting held today has approved and taken on record the unaudited consolidated financial results of Zee Learn Limited (ZLL) and its subsidiaries for the quarter and nine months ended 31 December 2020.
Q3 FY 21 – Consolidated Level:
- Total Revenue at Rs. 69.12 crores
- EBIDTA at Rs. 7.40 crores (14 % of Operating Revenue)
- PBT at Rs. 0.38 crores
- PAT at Rs. 0.21 crores
Q3 FY 21 – Standalone Level:
- Total Revenue at Rs. 22.14 crores
- EBIDTA at Rs. 1.72 crores (11 % of Operating Revenue)
- PBT at Rs. 0.47 crores
- PAT at Rs. 0.31 crores
Commenting on the business performance, Mr. Vikash Kumar Kar, Whole Time Executive Director and CEO, Zee Learn Limited said, "The core education sector is yet to fully recover from the adverse impacts caused due to the pandemic. Despite the ongoing challenges, the company continues to offer high quality pedagogical support to meet the learning needs of its students, while staying sharply focused on its business continuity measures. We hope the various government notifications on gradual reopening of the educational institutions will improve business situation progressively. The company will be leveraging its network strengths to rebuild and drive a positive growth in the coming days."
Mr. Rakesh Agarwal, Chief Financial Officer, Zee Learn Limited, said, "We hope that the educational sector is revived soon by reopening of schools and other institutions. The company continues to follow a strict financial regime to protect the overall earnings & profitability of the company in these pandemic times."
Report By: Rohit Hire