Results - Announcements
Ironwood Education Ltd share price slipped 1.54% to Rs 47.98. The Company's net profit saw a strong growth of 178.82% to Rs 2.37 crore, while revenue from operations increased sharply by 26.73% to Rs 14.65 crore in Q2FY27 over Q2FY26.
The market capitalization of Education industry group stocks on BSE stood at Rs 10327.97 crore, slipping 0.25%. It has improved by 4.91% over last one week and tumbled 16.18% in last one month while the market capitalization of Ironwood Education Ltd has marginally improved by 0.90% and 2.09% in the same period respectively.
Profit before tax (PBT) of Ironwood Education Ltd stood at Rs 2.36 crore in Q2 FY27, crashing by 537.04% year-on-year, and expanding by 174.42% quarter-on-quarter. EBITDA came in at Rs 0 crore, tanking 28.57% YoY and tumbling by 125.00% sequentially.
Total expenses witnessed a sharp rise of 31.47% to Rs 13.2 crore in Q2FY27 over Q2FY26. During the quarter, employee benefits expense was at Rs 1.04 crore, dropping 8.77% YoY.
For FY26, revenue from operations witnessed a strong growth of 1419.65% to Rs 52.58 crore, while net profit tumbled by 138.52% to Rs 3.91 crore, compared to previous FY. EBITDA plunged by 470% to Rs 7.41 crore, and PBT tanked by 159.07% to Rs 5.99 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 24.41 crore in FY26, as against Rs 26.14 crore in FY25.
Ironwood Education Ltd climbed 6.62% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 3.03% during the same period.