Q3FY15 income up 33.67% to INR
53.11 cr
·
Q3FY15
Operational EBITDA up by 31.13% to INR 32.17 cr
Tree House is now
present in 80 cities across India with 562 preschool network
New cities
launched in the quarter are: Ratlam, Jhansi , Hajipur , Agra and Vishakhapatnam
February 9, 2015: Tree House
Education and Accessories Limited (‘Tree House”), which runs quality
pre-schools and also provides educational services to K-12 schools throughout
India, posted a 24.96% y-o-y growth in its net profit for the quarter ended
December 31, 2014 (Q3 FY15) amounting to INR 15.12 crore. Tree House net profit
in the corresponding quarter (Q3FY14) stood at INR 12.10 crore.
The total revenue grew by 33.67%
to INR 53.11 crore during Q3 FY15, compared to INR 39.73 crore reported in the
3rd quarter FY2014. The EBITDA for Q3 FY15 is INR 32.17
crore compared to 24.53 crore for the 3rd quarter of FY2013,
representing 31.13% y-o-y growth. The operational EBITDA margin for Q3 FY15 was
60.57% and the net profit margin was 28.21%.
Tree House had a net addition of
24 preschools in the 3rd quarter of FY2015 and the total number of
centres as of December 31, 2014, was 562 across 80 cities in India. Out of
this, the number of self-operated centres was 459 with the ratio of self-operated
to total pre-schools standing at 81.67%. It provides school management services
to 24 K-12 schools in 3 states. The total staff strength as of Q3 FY 2015 was
2179. The total teacher strength was 2085.
Mr. Rajesh Bhatia, Promoter
and Managing Director, Treehouse said, “The financial results for Q3FY2015
showcase another strong quarter of performance by the
Company.
We are seeing increased demand
for the Treehouse brand along with rise in education-linked spending across the
country. We believe there is strong case for accelerating our growth over the
next 3 years. To implement this incremental growth, we successfully completed
an INR 200 Cr QIP in December 2014.
As the benefits of the growth in
network start accruing, our company will be in a position to deliver many such
quarters of growth in the future, thus delivering value creation for all our
stakeholders.”
Tree House Education &
Accessories Limited
Tree House Education and
Accessories Limited (NSE code: TREEHOUSE; BSE code: 533540, MCX-SX :
TREEHOUSE ) runs quality preschools and also provides educational services
to K-12 schools throughout the country. TreeHouse has revolutionized the
concept of pre-school pedagogy in India through the use of innovative teaching
methods and child-focused personal care.
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