Chetana Education Limited — Updates, 11-11-2024: Press Release

Chetana Education Limited reported solid performance for the half-year ended 30 September 2024, achieving a total revenue of INR 58.1 Cr. The EBITDA for the period was INR 15.6 Cr, resulting in an EBITDA margin of 26.8%. Profit After Tax (PAT) stood at INR 10.1 Cr, with a PAT margin of 17.4%. Notably, the company's transition to a publicly limited entity on January 21, 2024, significantly impacted its financials. The incorporation yielded INR 40.3 Cr in revenue for FY24 since the change, while its previous structure, Chetana Education LLP, generated INR 53.2 Cr from April 1, 2023, to January 21, 2024. The total revenue for FY24, combining both structures, amounts to INR 93.5 Cr. This combined figure showcases the company's growth trajectory and operational strength, positioning it favorably for future expansion and strategic initiatives. Investors should note this performance highlights the consolidation of operations and a robust outlook moving forward.