Navneet Education reports strong financials, expands digital reach
Navneet Education Limited has released its 2024-25 annual report, showing resilient financial performance with revenue from operations increasing by 2.36% to ₹1,733 Crores, up from ₹1,693 Crores in 2023-24. Profit After Tax (PAT) surged to ₹801 Crores in 2024-25, compared to ₹188 Crores in the previous year, driven by exceptional one-time gains. Excluding these items, normalized PAT stood at ₹197 Crores.
The content publishing segment recorded a modest 3% growth, reaching ₹714 Crores, while the export stationery segment saw a 12% increase in revenue. Total stationery revenue for 2024-25 was ₹1,014 Crores, representing 58.50% of total revenue. The company is investing ₹100 Crores annually over the next three years to expand capacity and product breadth.
Strategically, Navneet AI was launched, an AI-powered tool already adopted by over 1,000 CBSE and SSC schools to enhance teacher productivity. The company continues to expand its digital learning offerings and is committed to sustainable practices, achieving a 51% carbon offset and operating as a zero-landfill waste company across all factory locations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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