Arihant Academy Q1 Results Revenue ₹1,083.43 Lakhs & Profit After Tax ₹79.42 Lakhs

Arihant Academy Q1 Results

Arihant Academy's Q1 Results: Arihant Academy has released its financial results for the first quarter of 2024, showing positive growth compared to the previous year. The company reported a revenue from operations of ₹1,083.43 lakhs for the quarter ending June 30, 2024. This marks a strong start to the year, although it's lower compared to the revenue for the year ending March 31, 2024, which was ₹3,032.35 lakhs. In addition to this, other income for the quarter was ₹35.34 lakhs, bringing the total income to ₹1,118.77 lakhs.

On the expenses side, the company managed its costs effectively. Employee benefit expenses were ₹169.77 lakhs, and depreciation and amortization expenses stood at ₹40.51 lakhs. The major chunk of expenses came from other expenses, totaling ₹801.96 lakhs. Despite these costs, Arihant Academy achieved a profit before tax of ₹106.09 lakhs. After accounting for taxes, the net profit for the quarter was ₹79.42 lakhs.

The earnings per share for this quarter were ₹1.31, which indicates good returns for shareholders. Overall, Arihant Academy's Q1 results show solid financial performance and a promising outlook for the rest of the year.

Source: Here 

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Arihant Academy Q1 Results 2024-2025 Overview

Here’s a simplified breakdown of the financial results for Arthant Academy for the quarter ended June 30, 2024:

Arihant Academy Financial Metrics 

Arihant Academy table provides key financial details. The company has a market capitalization of ₹109 Crore, meaning that's the total value of all its shares. The current stock price is ₹180, and over the past year, the stock's highest price was ₹200, while the lowest was ₹105. 

Here's the information presented in a table format:

About Arihant Academy 

Arihant Academy is a leading coaching center in Mumbai with over 20 years of experience in education. Our main goal is to help students become successful leaders of the future. We focus on providing the perfect balance between gaining knowledge and wisdom, giving personal attention to each student, and promoting group growth. We offer coaching for a wide range of subjects, including SSC, ICSE, CBSE, Science, and Commerce.

At Arihant Academy, we believe in treating every student as part of our family. We are dedicated to creating a supportive and nurturing environment that helps students improve academically and grow personally. Our approach includes providing timely guidance and a friendly atmosphere to make learning enjoyable and effective.

We aim to reach and support over a million students across India, helping them unlock their full potential and achieve their dreams. Our values focus on offering high-quality education and personalized support to students from various backgrounds and educational boards. By combining expert coaching with a caring approach, we strive to make a positive impact on each student’s future.