The Board of Directors at its meeting held today has approved and taken on record the unaudited consolidated financial results of Zee Learn Limited (ZLL) and its subsidiaries for the quarter ended December 31, 2019. For Q3 FY20, ZLL, at a consolidated level, reported Total Revenue of Rs 126.32 cr, EBITDA of Rs. 44.23 cr, PBT of Rs 22.35 cr and PAT of Rs 16.32 cr. The ZLL standalone EBITDA as a % of Operating Revenue increased from 44 % in Q3 FY19 to 52% in Q3 FY20 in a superlative performance.

 
Commenting on the business performance, Mr. Ajey Kumar, MD said, “We are happy to announce another round of excellent results for Q3 & 9M FY20 despite the macroeconomic challenges. Our diverse portfolio of core and supplementary education catering to the full life cycle of learning needs provides vibrant synergies that lend us a unique source of competitive advantage. It is our aspiration to be a leader in every business segment that we operate in and be acknowledged as a trusted provider of best-in-class products and services. Towards this, our relentless focus on building competitiveness in each business will be supported by appropriate investments. As we build scale, we also remain deeply committed to go beyond market leadership alone to creating much larger societal value in an exemplary fashion.”
 
Commenting on the results, Mr. Debshankar Mukhopadhyay, CEO, said “Zee Learn has made good progress on its agenda and strategic priorities. The Company has further improved its operating margins and recorded strong growth. These results reflect our unrelenting commitment to all our stakeholders and our intense focus on disciplined execution within our core businesses.”

Financial Highlights: Zee Learn Limited Consolidated

Financial Highlights: Zee Learn Limited Standalone

	Quarter ended			Nine months ended
	31-Dec-19	31-Dec-18	QOQ Growth %	31-Dec-19	31-Dec-18	YOY Growth %
Particulars	Unaudited	Unaudited	Q3	Unaudited	Unaudited	Nine Months
Revenue from operations	34.88	32.33	8%	142.87	125.75	14%
Other Income	6.63	3.68	80%	17.49	12.78	37%
Total Revenue	41.51	36.01	15%	160.36	138.53	16%
COGS / Operational Cost	3.58	4.62	-23%	21.78	24.73	-12%
Employee benefits expense	7.26	6.71	8%	22.91	20.01	15%
Selling and marketing expenses	1.37	2.99	-54%	7.17	11.31	-37%
Other expenses	4.42	3.66	21%	13.20	14.18	-7%
Total expenses	16.62	17.99	-8%	65.07	70.23	-7%
EBITDA	18.25	14.34	27%	77.80	55.52	40%
EBITDA %	52%	44%		54%	44%
Finance Cost	6.22	5.30	17%	18.49	13.78	34%
Depreciation and amortisation expenses	1.90	0.86	122%	6.41	2.30	179%
Profit before tax	16.76	11.87	41%	70.39	52.22	35%
Profit before tax %	40%	33%		44%	38%
Tax	4.09	2.86	43%	18.15	14.91	22%
Profit after tax	12.68	9.00	41%	52.24	37.31	40%
Profit after tax %	31%	25%		33%	27%

 
Key Business Indicators

 
Key Financial Indicators (Standalone)

 

 
Key Financial Indicators (Consolidated)

 

 
Recent Recognitions for Zee Learn: