Navneet Education Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.
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Navneet Education reported audited FY25 results with the Board approving standalone and consolidated financials on May 19, 2025. Standalone revenue from operations rose modestly to Rs 1,73,348 lakhs (vs Rs 1,69,310 lakhs in FY24, about 2.4% growth), while consolidated revenue was Rs 1,78,572 lakhs (vs Rs 1,75,127 lakhs). Standalone profit after tax jumped sharply to Rs 80,073 lakhs from Rs 18,853 lakhs, and consolidated PAT rose to Rs 80,378 lakhs from Rs 25,174 lakhs — but this surge was driven primarily by a one-time exceptional gain of Rs 60,400 lakhs (standalone) from the partial divestment of stake in associate K12 Techno Services. Pre-exceptional profit before tax grew a more modest 11% to Rs 26,373 lakhs. The statutory auditor issued an unmodified (unqualified) opinion on both sets of results. The Board recommended a dividend of Rs 1.50 per share (75%) and comparatives were restated from April 1, 2022 following the Composite Scheme of Arrangement (amalgamation of Genext Students and demerger of Edtech business), effective May 17, 2024.
Headline earnings look spectacular but are largely propped up by a one-time gain from the K12 divestment; underlying operating growth is in single digits. The 75% dividend and recently completed Rs 100 crore buyback are positive returns for shareholders, though the restated financials make year-on-year comparisons less straightforward.