ALPHA TRIBE

Zee Learn LimitedBoard Meeting, 07-11-2024: Outcome of Board Meeting

07-11-2024 | 08:06 pm

Zee Learn Limited's Board approved the unaudited financial results for the quarter and half-year ending September 30, 2024. The company reported a net profit after tax of ₹80.44 lakhs, and approved a ₹5 crore investment for an 11.1% equity stake in Vidysea Education Private Limited. Management indicated potential cash flow challenges amidst ongoing corporate guarantee obligations and insolvency processes involving a subsidiary, Digital Ventures Private Limited.

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