BENGALURU: The Essel group’s education company Zee Learn Limited reported profit after tax (PAT) in FY-2015 as well as across all the four quarters of fiscal 2014-15 (AY-2015-16).

Additionally, the company has also added more than 500 pre-school franchisee partners in FY-2015.

For the current year, the company reported PAT of Rs 9.62 crore (7.9 per cent of Total Income from operations or TIO) as compared to a loss of Rs 1.33 crore in FY-2014. For Q4-2015, the company reported a PAT of Rs 3.81 crore 9.2 per cent of TIO) as compared to a loss of Rs 1.73 crore in Q4-2014 and more than three times (3.48 ties) the PAT of Rs 1.09 crore in the immediate trailing quarter.

Note: 100,00,000 = 100 Lakhs = 10 million = 1 crore

The company’s TIO in FY-2015 at Rs 121.58 crore was two per cent more than the Rs 119.18 crore in FY-2014. TIO in Q4-2015 was 6.8 per cent more at Rs 41.69 crore than the Rs 39.04 crore in Q4-2014 and was more than double (2.1 times) the TIO of Rs 19.84 crore in Q3-2015.

Zee Learn CEO K V S Seshasai said, “The company has shown significant profit after tax, both for current quarter and for the 12 month period. The improved performance is the result of increase in enrolments in Kidzee centres by 18 per cent and by 38 per cent in MLZS during FY-2015 vis-?-vis FY-2014. For the first time, the company has added more than 500 pre-school franchisee partners. Our top line looks muted on account of transferring the operations of servicing educational content of television channel ZeeQ to its group company, Zee Entertainment Enterprises Limited, and due to planned de-growth in non-core businesses.”

Let us look at the other numbers reported by Zee Learn:

Zee Learn’s total expenditure (TE) FY-2015 at Rs 103.45 crore (85.1 per cent of TIO) was 10.4 per cent less than the Rs 115.45 crore (96.9 per cent of TIO) in FY-2014.TE in Q4-2015 at Rs 36.18 crore (86.8 per cent of TIO) was 5.3 per cent lower than the Rs 38.18 crore (97.8 per cent of TIO) in Q4-2014 and was more than double (2.14 times) the Rs 16.91 crore (85.2 per cent of TIO) in Q3-2015.

The company’s marketing, advertisement and publicity expense (marketing expense) for FY-2015 at Rs 14.05 crore (11.6 per cent of TIO) was 2.5 per cent lower than the Rs 13.71 crore (11.5 per cent of TIO) in FY-2014.

In Q4-2105, marketing expense of Rs 8.6 crore (20.6 per cent of IO) was 37.2 per cent more than the Rs 6.27 crore (16.1 per cent of TIO) in Q4-2014 and more than six times (6.14 times) the Rs 1.41 crore (7.1 per cent of TIO) in Q3-2015.

Employee Benefit Expense (EBE) FY-2015 at Rs 24.95 crore (20.5 per cent of TIO) was 20.2 per cent lower than the Rs 31.27 crore (26.2 per cent of TIO) in FY-2014.In Q4-2015, EBE at Rs 6.05 crore (14.5 per cent of TIO) was 24.8 per cent lower than the Rs 8.05 crore in Q4-2014 and 4.5 per cent lower than the Rs 6.33 crore in the year ago quarter.

In FY-2015, Zee Learn’s operating cost at Rs 3.2 crore (2.6 per cent of TIO) was 13.4 per cent lower than the Rs 3.69 crore (3.1 per cent of TIO) in FY-2014.Operating cost in Q4-2015 at Rs 1.25 crore (three per cent of TIO) was 1.2 per cent lower than the Rs 1.27 crore in Q4-2014 and 66.6 per cent more than the Rs 0.75 crore (3.8 per cent of TIO) in Q3-2015.

Other expense in FY-2015 at Rs 23.30 crore (19.1 per cent of TIO) was 8.7 per cent lower than the Rs 25.41 crore (21.3 per cent of TIO) in FY-2014. Other expense in Q4-2015 at Rs 7.41 crore (17.8 per cent of TIO) was 8.6 per cent lower than the Rs 8.11 crore (20.8 per cent of TIO) in Q4-2014 and 71.8 per cent more than the Rs 4.31 crore (21.7 per cent of TIO) in Q3-2015.