7th February 2025, Ahmedabad: Education major, Shanti Education Initiatives Ltd. registers stellar Q3FY25 on account of all-round growth across all its entities. SEIL’s profit after tax (PAT) rose over 10 times to Rs. 1.95 crore in the quarter ended December 31, 2024 as against Rs. 16.89 lakh in Q3FY24. The company also reported a massive 400% jump in total income which stood at Rs. 20.94 crore as compared to Rs. 4 crore in the same period last fiscal.
For the nine-month period December 31, 2024, the net profit stood at Rs. 7.5 crore as compared to Rs. 4.73 crore reported in 9MFY24, a growth of 59%. For 9MFY25, the total income of the company stood at Rs. 43.24 crore a rise of 130% as against Rs. 18.80 crore in 9MFY24.
SEIL’s outstanding financial performance comes on the back of its deep commitment towards providing high-quality education through its multiple business units including Shanti Juniors, Little Marvels, and Keystone Global among others. The company offers one-stop solutions for all educational needs of a student right from the initial formative years to the final higher education space.
Shanti Education Initiatives Limited has a unique advantage with a curriculum that is both easy for children to understand and engages them with fun learning experiences.Uniformverse, which is into customizing school uniforms and other school accessories, is known for the Schoolshack brand. The division is evolving to cater to all the school related needs for parents and children.
Vishal Chiripal, Managing Director of Shanti Education Initiatives Ltd. said “We are pleased to announce the robust set of financial numbers that stands as a testament to our commitment towards creating future ready students. Today Shanti Education is considered as a partner trusted by parents in the world of education, and we continue to serve them by providing 360-degree services during their education lifecycle. Our strong financial performance also speaks about continuous improvement in our service levels, which are being recognized by the education fraternity.”
Source : Press Release
