Results - Announcements
Career Point Edutech Ltd share price declined by 0.57% to Rs 166.5. The Company's net profit inched up 9.78% to Rs 8.87 crore, while revenue from operations gained significantly 31.64% to Rs 18.89 crore in Q3FY26 over Q2FY26.
The market capitalization of Education industry group stocks on BSE stood at Rs 10271.47 crore, slipping 2.21%. It has softened by 6.51% over last one week and tumbled 25.31% in last one month while the market capitalization of Career Point Edutech Ltd has marginally improved by 3.26% and 21.98% in the same period respectively.
Profit before tax (PBT) of Career Point Edutech Ltd stood at Rs 11.61 crore in Q3 FY26, jumping 71.75% year-on-year, and rising 8.40% quarter-on-quarter. EBITDA came in at Rs 5 crore, expanding by 40.72% YoY and crashing by 31.90% sequentially.
Total expenses witnessed a sharp rise of 98.86% to Rs 10.5 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 0.25 crore, slumping by 56.90% YoY, while employee benefits expense was at Rs 1.53 crore, ticking higher by 2% YoY.
For the TTM ended FY26, revenue from operations posted a slight growth of 3.16% to Rs 51.23 crore, while net profit surged by 22.98% to Rs 22.96 crore, compared to previous TTM. EBITDA soared by 1729% to Rs 20.08 crore, and PBT soared 33.81% to Rs 31.03 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 18.66 crore in FY26, as against Rs 7.0 crore in FY25.
Career Point Edutech Ltd nosedived by 45.85% in last one year, underperforming the benchmark BSE Sensex which has slipped by 8.41% during the same period.