Aptech's profit shoots up 336 percent
By siliconindia   |   Thursday, 03 May 2007, 19:30 IST
Printer Print Email Email
NEW DELHI: Aptech, a global learning solution company registered a 336 percent jump representing a net profit (PAT) of $68 million from $15.6 million in the previous year. The company records a rise in net revenue by 40 percent to $509.4 million, from $363.6 million for the first quarter ended March 31, 2007. Its global system wide booking of $3413.8 jumped to 103 percent, from $1679.8 million in the period. The company captured 32.10 percent market share (IDC Report) of the IT Training & Education Market. It also retained the highest market share for fifth consecutive year. The company?s domestic retail business increased by 65 percent while the international business grew by 122 percent. Commenting on Aptech?s performance, Pramod Khera, CEO & MD ? Aptech Ltd., said, ?Aptech has earmarked the Year 2007 as the year of growth and all our businesses, systems & process are geared up to take up the challenge.? Aptech, engaged in IT education and training business, has trained over 4.5 million students globally. The company`s business line includes IT & animation education & Training (Aptech Computer Education & Arena Animation); Aviation Training (Avalon Aviation Academy); Offshore Learning Content Development (Aptech Learning Services); e-Learning (Onlinevarsity.com); Training & Assessments Solution for Corporates & Institutions (Aptech Training Solutions & ATTEST) and Developer Training & Consultancy (Synergetics).

siliconindia