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Usha Martin Education & Solutions Limited Q2 revenues up by 103%

Kolkata, November 2, 2010 (Calcutta Tube/IBNS) Usha Martin Education & Solutions Limited (UMESL) has reported a 103% increase in revenues for Quarter and Half Year Ended September 30, 2010, announced the company here on Wednesday.

Standalone Q2 revenue of ~ Rs 583.32 Lakhs is 103% increase over the corresponding quarter of last year, whereas Standalone Net Profit (PAT) of ~ Rs 172.27 Lakhs for the second quarter is a 49% increase over the corresponding quarter of last year.

The company achieved Consolidated Q2 revenue of ~ Rs 608.94 Lakhs and a Consolidated Net Profit (PAT) of ~ Rs 147.50 Lakhs.

Student registrations across various launched courses increased by 40% as compared to the half year ended so” September 2009.

UMESL said it is in the process of launching various vocational training centers at strategic locations and has initiated operations of its manpower solutions services.

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