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S Chand and Company Limited continues solid growth in Q3FY23, operational revenue increases by 58 per cent YoY in the April - Vimarsana News

S Chand and Company Limited continues solid growth in Q3FY23, operational revenue increases by 58 per cent YoY in the April

Published: February 14, 2023

New Delhi [India], February 14 (ANI/PRNewswire): S Chand and Company Limited, one of India's leading education content companies and market leaders in the K-12 segment, has announced robust financial numbers for the quarter Q3FY23 and 9 Months FY23. HIGHLIGHTS OF CONSOLIDATED BUSINESS Consolidated business represents the performance of S Chand and its subsidiaries (S Chand Group) The Company is in a seasonal industry where the 4th quarter contributes over 80% of the annual revenues coinciding with the start of the academic year. 9MFY23 has been the best ever 9M performance in the company&#...

Source: laosnews.net
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New DelhiIndia GeneralSaurabh MittalS Chand GroupOur GroupFoundation StageNational Curriculum FrameworkCompany LimitedLowest ReceivableLowest Net Working CapitalWest Bengal State BoardHigher EducationNew Delhi IndiaEbruary 14 Ani Prnewswires Chand And Company LimitedNe Of India 39s Leading Education Content Companies And Market Leaders In Thek 12 SegmentAs Announced Robust Financial Numbers For The Quarter Q3fy23 And 9 Months Fy23 Highlights Of Consolidated Business Represents Performance Ofs Chand Its Subsidiariess Group Company Is Ina Seasonal Industry Where 4th Contributes Over 80 Annual Revenues Coinciding With Start Academic Year 9mfy23 Has Been Best Ever 9m In 39s Historys Saw Following During Ona Cy22 BasisHe Company Reporteda Pat Of Rs 812m Eps 23 Share The Is Witnessing Strong And Resurgent Demand In Current Sales Season January 2023 March Reports Highest Ever 9m 39s History Lowest Ebitda Losses Reduced By 38 Yoy Reduction 62 Receivable Days Past 5 Years One Net Working Capital Other Key Updates 1 Made Its 2nd Profitable Exit This Year Selling Minority Stake Ineuron For Approx 14 Crore During Quarter Translates Intoa 2 1x Return On Original Investment 7 Crores December 2021 Had Earlier Exited From Testbook With An 8x July 2022 Government Announced Ncf Foundation Stage Ie Classesk October022s Chand Have Developed Books Based On The New Ncf For Classesk 2 They Would Be Sold During Ongoing Sales Season Of January March 2023 Company Expects More Announcements Curriculum Remaining Classes To Come In Near Future Timing These Havea Positive Impact Our Fy24 25 Financials Accordingly Saurabh MittalFs Chand And Company LimitedOmmenting On The Successful ResultUot We Are Pleased To Announce Strong Revenue Growth Figures And Massive Reduction In Losses Over During The April December Period Previous Years Our Group Stands Asa LeaderIth Multiple Established Brands Likes ChandNd Saraswati We Not Only Excel In The Cbse Icse Boards But Also Area Leader West Bengal State Board Segment Pride Ourselves On Our Long Standing Relationships With Prominent Authors That Run Into Decades During QuarterE Saw The Launch Of National Curriculum Framework Or Ncf Covering Classes From Pre Primary To Class 2 In October022 We See Strong Growth Potential For At Least Two To Three Years On Back Of The New Curriculum Which Would Be Created These Announcements Quot He Added
Reach to Teach Awarded the National Award for Excellence in Talent Management - First for Any Social Impact Organisation - Vimarsana News

Reach to Teach Awarded the National Award for Excellence in Talent Management - First for Any Social Impact Organisation

Published: December 22, 2022

New Delhi [India], December 22 (ANI/BusinessWire India): Reach to Teach Private Limited has been awarded the prestigious National Award for 'Excellence in Talent Management' by the Delhi Management Association, and Thomas Assessments Pvt Ltd. This is the first time that a social impact organisation has been recognised with this award. The Delhi Management Association (DMA) is a professional body devoted to the dissemination of management principles and practices, and Thomas Assessments is a human resources and behavioural profiling organisation. They jointly organised the 11th National...

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New DelhiRatna ViswanathanShikha MathurOrganisational DevelopmentReach To Teach PrivateThomas Assessments Pvt LtdNational Award For ExcellenceNational Hr ConclaveDelhi Management AssociationBusinesswire IndiaTeach Private LimitedNational AwardTalent ManagementThomas Assessments PvtThomas AssessmentsState GovernmentsHuman ResourcesThomas AssessmentNew Delhi IndiaEcember 22 Ani Businesswire India Reach To Teach Private Limited Has Been Awarded The Prestigious National Award For 39 Excellence In Talent Management By Delhi AssociationNd Thomas Assessments Pvt Ltd This Is The First Time Thata Social Impact Organisation Has Been Recognised With Award Delhi Management Association Dma Isa Professional Body Devoted To Dissemination Of Principles And PracticesNd Thomas Assessments Isa Human Resources And Behavioural Profiling Organisation They Jointly Organised The 11th National Hr Conclave With An Objective To Enhance Awareness Of Unique Talent Management Initiatives That Have Helped Organisations Achieve Success Award Celebrates Excellence In India Recognising Practices Are Pathbreaking Reach Teach 39s Strategy Retain Followsa Self Derived Focusing On 4rEward And Rise The Organisation Believes In Constant Conversations With Staff Providing Safe Spaces To Encourage Dialogue Reach Teach Has Builta Culture Of Mutual Respect Where Focus Lies On Continuous Diversity Is Valued Work Recognised Through Organisational Peer Recognitiona Robust Career Progression Strategy Equitable Reward Management Framework Encourages Internal Excellence Growth Builds Employee Skills Grows Their Strengths Ensure Within Talent Celebrated Disruption Over Last Two Years Anda Constantly Evolving LandscapeHe Role Of Hr Is Vital To Ensuring That An Organisation Nimble And Quick Respond The Changing Paradigms By RecruitingEveloping And Managing The Workforce For Reach To Teach
Premier one-day event IdeaXchange by Atal Incubation Centre promotes disruptive entrepreneurship across States - Vimarsana News

Premier one-day event IdeaXchange by Atal Incubation Centre promotes disruptive entrepreneurship across States

Published: November 30, 2022

Delhi-NCR [India], November 30 (ANI/BusinessWire India): The Atal Incubation Centre (AIC) at the Shiv Nadar Institution of Eminence, Delhi-NCR, hosted the second edition of IdeaXchange today, its annual flagship event. The full-day event saw the convergence of over 150 delegates from across the country, including investors, business experts, diplomats, technophiles, and startup exhibitors. The startups conveyed the unique value of their product or service and narrated their startup pitch for funding and collaboration opportunities. The event was a creative flow of ideas with several potential ...

Source: laosnews.net
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Dadra And Nagar HaveliAnanya MukherjeeDeepak BaglaAnand RamamoorthyShikhar MalhotraPrashant TandonParameswaran IyerJan ElaajAtal Incubation MissionShiv Nadar FoundationCharavidhi Agri Solutions PvtShiv Nadar Institution Of EminenceAthelo HealthInstitution Of EminenceAtal Innovation MissionAtal Incubation CentreMicron TechnologyBusinesswire IndiaShiv Nadar InstitutionVice ChancellorChief GuestNadar InstitutionChancellor Shikhar MalhotraChancellor MalhotraManaging Director
S Chand signs an agreement with Mahatma Gandhi University, Kerela, to upskill students in technology courses - Vimarsana News

S Chand signs an agreement with Mahatma Gandhi University, Kerela, to upskill students in technology courses

Published: September 16, 2022

New Delhi [India], September 16 (ANI/PRNewswire): S Chand and Company Ltd, one of India's oldest and largest publishing and education services companies, has signed an agreement with Mahatma Gandhi University, a state-owned public university headquartered in Kottayam in the state of Kerela, for upskilling students in technology-driven programs such as data science, coding, AWS, analytics, Java, etc. According to the MoU, these programs will be conducted in collaboration with iNeuron Intelligence Private Limited, one of India's fastest upskilling technology companies with renowned tech ...

Source: laosnews.net
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New DelhiIndia GeneralNavin ReddyHitesh ChoudharySabu ThomasKrish NaikSudhanshu KumarHimanshu GuptaNeuron Intelligence PrivateMahatma Gandhi UniversityCompany LtdNeuron Intelligence Private LimitedManaging DirectorCompany LimitedGandhi UniversityHigher EducationNew Delhi IndiaEptember 16 Ani Prnewswires Chand And Company LtdNe Of India 39s Oldest And Largest Publishing Education Services CompaniesAs Signed An Agreement With Mahatma Gandhi UniversityA State Owned Public University Headquartered In Kottayam The Of KerelaOr Upskilling Students In Technology Driven Programs Such As Data ScienceTc According To The MouHese Programs Will Be Conducted In Collaboration With Ineuron Intelligence Private LimitedNe Of India 39s Fastest Upskilling Technology Companies With Renowned Tech Educators Like Krish Naik
S Chand and Company Limited continues robust growth, EBITDA up by 158 per cent - Vimarsana News

S Chand and Company Limited continues robust growth, EBITDA up by 158 per cent

Published: August 17, 2022

Mumbai (Maharashtra) [India], August 17 (ANI/PRNewswire): S Chand and Company Limited, one of India's leading education content companies and market leaders in the K-12 segment has announced robust financial numbers in Q1FY23. HIGHLIGHTS OF CONSOLIDATED BUSINESS Consolidated business represents the performance of S Chand and its subsidiaries (S Chand Group) Consolidated Business Q1-FY23 vs Q1-FY22 (Y-o-Y basis) 1. The Revenue from Operations of the Group has increased to Rs.107 Crores from Rs 36 Crores. The Revenue from Operations registered a growth of ~ 3x; 2. The Profit after tax (PAT) ...

Source: laosnews.net
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India GeneralSaurabh MittalS Chand GroupOperations Of The GroupChand GroupCompany LimitedCapital CycleHigher EducationMumbai Maharashtra IndiaUgust 17 Ani Prnewswires Chand And Company LimitedNe Of India 39s Leading Education Content Companies And Market Leaders In Thek 12 Segment Has Announced Robust Financial Numbers Q1fy23 Highlights Consolidated Business Represents The Performance Ofs Chand Its Subsidiariess Group Q1 Fy23 Vs Fy22 Yoy Basis 1 Revenue From Operations Increased To Rs 107 Crores 36 Registereda Growth 3x 2 Profit After Tax Pat 6 23 Froma Loss 31 37 Movement Cr This Is First Time Company Reporteda 3 Operational Ebidta 11 94 An 20 55 Swing 32 49 4 Eps For Quarter 78 Per Share Negative 8 97 Into Positive 10 75 Ttm Stands At 13 02 Other Working Capital Cycle There Have Been Continuous Improvements Over Period Net Improved By 111 Days Volume Fy 2022 Seen Overall 5x Compared 2021 22 Commenting On Successful ResultSaurabh MittalFs Chand And Company LimitedUot We Are Thrilled To Announce The Tremendous Growth Numbers Company 39s Top Line Of Rs 107 Crore For Q1fy23 Increased By More Than 3x Ona Yoy Basis And Was Driven Bya Combination Volume 2 5x An Increase In Realization Our Product Portfolios Chand Group Has Been Successful Fully Integrating Its Content Print Business Acquisitions With Edtech Initiatives Recent YearsNabling It To Reacha Point Where Can Utilize The Complete Portfolio Of Offerings Expand Margins And Spur Profitable Growth In Print BusinessHich Is Transitioning Intoa Blended Hybrid Format We Are Experiencing Exciting Times Right NowNd We Are Thrilled About The Accomplishments Being Made And Opportunities That Coming Our Way Have Continued Growth Trajectory In Current QuarterChieving Working Capital EfficiencyNd Boosting Our Ebitda Margins We Shall Continue To Emphasize Innovation And Organic Growth In House CapabilitiesLong With Strategic CollaborationsOsition Us Well To Sustain GrowthDd Value To Our CustomersNd Maximize Shareholder Value Quots Chand Nse Schand Bse 540497 Is One Of India 39s Leading Education Content Companies Which Aims To Bring People And Knowledge Together The Company Delivers Across Length Breadth Country With Established Brands LikesAraswati And Mylestone Under Its Umbrella Hasa Distribution Reach Of More Than 3500 Channel Partners Across India Witha Footprint In 40000 Schools