- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Navneet Education's Q3 FY26 earnings call revealed a consolidated revenue decline of 11.3% YoY to INR 250 Cr, primarily from minimal curriculum changes and lower US exports. Despite negative core operating profit, an exceptional gain from K12 Techno Services valuation resulted in a INR 188 Cr reported PAT. Domestic stationery grew 21%. Management projects 15% revenue growth in publications and 15-20% in domestic stationery for FY27, driven by curriculum updates and non-paper offerings. A new INR 30 Cr UAE manufacturing facility, operational by Q2 FY27, aims for export de-risking and tariff mitigation. Navneet AI, empowering teachers, shows promising early results. The company, debt-free, navigates near-term headwinds with strategic investments for long-term growth.