Everonn net profit touches Rs 46 crore
Leading education and training company of the country Everonn Education has declared its annual financial results for the fiscal year 2009-10 and has managed to register an impressive net profit. The company has posted a net profit of Rs 46 crore for the year that ended in 31st March, 2010. It was reported to be Rs 22 crore for last year.
So far as the annual consolidated revenue of the firm is concerned, it has touched Rs 294 crore for the year under review. It has increased from Rs 145 crore for the same quarter last year. The company has managed to have total
3 million students in India with its 8675 learning centers all across the country.
It had tie-ups with 16 state governments. Managing Director of Everonn Education, P Kishore has informed that the country is now going through the best times in the education. However, the board has decided to recommend a dividend of Rs 2 per equity share of Rs 10 each to its investors for the financial year 2009-10 after the shareholder's approval.