Zee Learn FY19 total revenue doubles to Rs 549 cr; EBITDA up at Rs 158 cr

Zee Learn Limited, an Essel Group Company and leading diversified education brand, has reported a 102 per cent growth in its consolidated topline for FY2019, while Profit After Tax (PAT) was up 68 per cent. Q4 FY2019 consolidated topline was up 94 per cent, while PAT increased 77 per cent YoY. 

Q4 FY2019 performance on consolidated basis:

• Total revenue for Q4 FY2019 at Rs 176.0 crore, up from Rs 90.8 crore in Q4 FY2018
• EBITDA for Q4 FY2019 at Rs 51.9 crore, up from Rs 36.1 crore in Q4 FY2018
• PBT for Q4 FY2019 at Rs 41.1 crore, up from Rs 27.7 crore in Q4 FY2018
• PAT for Q4 FY2019 at Rs 31.3 crore, up from Rs 17.4 crore in Q4 FY2018

FY2019 performance on consolidated basis:

• Total revenue for FY2019 stood at Rs 549.3 crore, up from Rs 272.5 crore in FY2018
• EBITDA for FY2019 stood at Rs 157.7 crore, up from Rs 102.1 crore in FY2018
• PBT for FY2019 stood at Rs 113.9 crore, up from Rs 75.6 crore in FY2018
• PAT for FY2019 stood at Rs 83.4 crore, up from Rs 49.3 crore in FY2018

Commenting on the business performance, Ajey Kumar, MD, Zee Learn, said, “The overall performance of the company for this year and the past few years has been very good. The company’s 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.” 

Commenting on the results, Debshankar Mukhopadhyay, CEO, Zee Learn, said, “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.”