Mumbai, January 28, 2025 – Global Education Limited (NSE: GLOBAL, ISIN: INE291W01037) has announced its Q3 FY25 financial results, reporting a 22% year-on-year (YoY) increase in total income, along with key corporate updates, including the reappointment of Independent Director Dr. Rajan Welukar and the scheduling of an Extraordinary General Meeting (EGM) on February 22, 2025.
Key Financial Highlights – Q3 FY25 (Standalone & Consolidated)
| Particulars | Q3 FY25 | Q3 FY24 | YoY Change |
|---|---|---|---|
| Revenue from Operations | ₹21.85 crore | ₹17.91 crore | +22% |
| Total Income | ₹22.50 crore | ₹18.22 crore | +23.5% |
| Net Profit (PAT) | ₹6.32 crore | ₹5.14 crore | +22.9% |
| Earnings Per Share (EPS) | ₹0.87 | ₹0.71 | +22.5% |
- Revenue: ₹65.74 crore (up 19.6% YoY).
- Net Profit: ₹17.86 crore (up 21.4% YoY).
Strategic Announcements & Corporate Actions
- Reappointment of Dr. Rajan Welukar as Independent Director
- Term: Second consecutive 5-year term (April 28, 2025 – April 27, 2030).
- Background: Dr. Welukar holds a Doctorate in Statistics and is the Vice-Chancellor of ATLAS SkillTech University, Mumbai.
- Expertise: Higher education, skill development, and research management.
- Extraordinary General Meeting (EGM) Scheduled
- Date: February 22, 2025.
- Mode: Virtual (Video Conferencing / OAVM).
- Book Closure Period: February 10 to February 22, 2025.
- Agenda: Approval of Dr. Rajan Welukar’s reappointment.
Management Commentary
Aditya Bhandari, Chairman & MD, Global Education Limited, stated:"We are pleased with our strong revenue and profit growth, reflecting increased demand for our education and skill development services. The reappointment of Dr. Welukar will further strengthen our governance and academic leadership."