Educomp Solution has announced its first quarter financial results for the fiscal year 2010-11. According to the report, it has registered a marginal 6.5% net in the net profit.

Educomp Solution has posted a net profit of Rs 36 crore during the April-June quarter of fiscal year 2010-11. The company has registered a net profit of Rs 34 crore in the same quarter in the previous year. Educomp Solution has informed this in a filing at the Bombay Stock Exchange.

The net income of the company has gone up by 17% during this three months time. The company has reported a net income of Rs 228 crore for the quarter that ended in 30th June, 2010.

At the same time, the total expenditure of the company has increased by 28.5%. The total expenditure of Educomp was found out to be Rs 181 crore for the first quarter of the current financial year.

The company has also informed that it has suffered a gross loss of Rs 4.4 crore and Rs 6 crore in its higher learning solutions and online supplemental & global business respectively.