CP Capital Limited — Important, 14-02-2025: General Updates
The Board of Directors of Career Point Limited has conducted a meeting where it reviewed the standalone and consolidated financial results for the quarter and nine months ended December 31, 2024. The company reported a standalone total revenue of ₹59.4 crore, reflecting a 9% year-over-year increase, while consolidated revenue stood at ₹89.2 crore, up 6% year-on-year. EBITDA for the standalone segment reached ₹40 crore (up 12%), with a consolidated EBITDA of ₹62.6 crore, yielding a strong margin of 70.1%. Profit after tax rose significantly, showing a 24% increase on a standalone basis to ₹31.8 crore.
Additionally, the Board declared a third interim dividend of ₹1 per equity share, amounting to 10% of the face value, with the record date set for February 21, 2025. The results underscore positive trends driven by higher operating income from the education and franchise sectors, projecting a robust outlook moving forward.
