Zee Learn Limited

Regd Office :- Continental Bldg., 135, Dr. Annie Besant Road

Worli, Mumbai 400 018

Unaudited Standalone Financial Results for the quarter ended 30 September, 2012
Quarter ended
30-09-2012
Unaudited

Quarter ended
30-06-2012
Unaudited

Quarter ended
30-09-2011
Unaudited

Period ended
30-09-2012
Unaudited

Period ended
30-09-2011
Unaudited

( in lacs)
Year ended
31-3-2012
Audited

1 Income from operations

(a) Sale of education goods and equipments
(b) Services of education and other services
(c) Other operating income
Total income from operations (net)

582.38
1,300.34
0.87
1,883.59

1,280.46
1,053.24
0.42
2,334.12

546.54
774.68
4.62
1,325.84

1,862.84
2,353.58
1.29
4,217.70

1,201.98
1,584.79
5.75
2,792.52

2,640.85
3,443.69
15.76
6,100.30

2 Expenditure
(a) Cost of materials- education goods and equipments
(b) Operational expenses
(c) Employee benefits expense
(d) Depreciation and amortisation expenses
(e) Other expenses
Total expenses

345.22
95.37
815.00
142.42
648.26
2,046.27

660.41
89.65
745.03
108.57
997.66
2,601.32

520.81
67.56
638.64
77.84
652.07
1,956.92

1,005.64
185.02
1,560.03
250.99
1,645.92
4,647.59

824.20
146.70
1,142.71
113.48
1,272.50
3,499.59

1,420.32
310.82
2,516.14
302.05
4,030.72
8,580.05

3 Profit / ( Loss ) from Operations before other Income, finance

costs and Tax
4 Other Income
5 Profit / ( Loss ) before finance costs and Tax
6 Finance costs
7 Profit / ( Loss ) before Tax
8 Tax expenses

(162.68)
59.58
(103.10)
146.99
(250.09)
-

(267.20)
39.31
(227.89)
108.42
(336.31)
-

(631.08)
9.21
(621.87)
31.16
(653.03)
(10.58)

(429.89)
98.89
(331.00)
255.41
(586.41)
-

(707.07)
14.81
(692.26)
46.41
(738.67)
(13.91)

(2,479.75)
90.95
(2,388.80)
352.27
(2,741.07)
16.81

9 Net Profit / ( Loss ) after Tax

(250.09)

(336.31)

(642.45)

(586.41)

(724.78)

(2,757.88)

2,627.39
(0.10)

2,627.39
(0.13)

1,227.39
(0.24)

2,627.39
(0.22)

1,227.39
(0.28)

2,627.39
11,399.10
(1.05)

71,029,820
27.03%
191,708,779

70,429,541
26.81%
192,309,058

70,429,541
26.81%
192,309,058

71,029,820
27.03%
191,708,779

70,429,541
26.81%
192,309,058

70,429,541
26.81%
192,309,058

55,740,000
29.08%
21.22%

44,100,000
22.93%
16.78%

1,830,000
0.95%
0.70%

55,740,000
29.08%
21.22%

1,830,000
0.95%
0.70%

40,600,000
21.11%
15.45%

135,968,779
70.92%

148,209,058
77.07%

190,479,058
99.05%

135,968,779
70.92%

190,479,058
99.05%

151,709,058
78.89%

51.75%

56.41%

72.50%

51.75%

72.50%

57.74%

10 Paid up Equity Share Capital (face value ` 1 per share)

Reserves excluding Revaluation Reserve
Earnings per Share - Basic & Diluted (`)
A Particulars of shareholding
1 Public Shareholding
Number of Shares
Percentage of Shareholding
2 Promoters and promoter group shareholding
(a) Pledged/encumbered
Number of shares
%of shares (as a %of the total shareholding of promoters group)
%of shares (as a %of the total share capital of the company)
(b) Non-encumbered
Number of shares
%of shares (as a %of the total shareholding of promoters group)
%of shares (as a %of the total share capital of the company)
B Investor complaints
Pending at the beginning of the quarter
Received during the quarter
Disposed of during the quarter
Remaining unresolved at the end of the quarter

1
2
3
4
5
6

Unaudited Standalone Statement of Assets and Liabilities as at 30 September, 2012

(` in lacs)
As at
As at
Particulars
30-09-2012
31-03-2012
Unaudited
Audited

EQUITY AND LIABILITIES

Shareholder's Funds
Share Capital
Reserves and Surplus

2,627.39
10,812.70

2,627.39
11,399.10

Non-Current Liabilities
Long-term borrowings
Long term provisions
Other Long Term Liabilities

7,250.00
103.91
10.00

5,843.21
95.76
30.53

Current Liabilities
Trade payables
Other current liabilities

360.98
6,847.67

490.49
7,202.40

Short-term provisions
TOTAL

38.70

37.88

28,051.35

27,726.76

1,368.94
204.90
8.56
2,559.61
10,601.05
132.54
10,170.49
81.02

811.64
275.26
8.56
1,959.77
1.05
132.54
11,794.81
253.36

878.46
617.00
736.01
681.86
10.91

872.87
427.68
718.14
10,464.67
6.41

28,051.35

27,726.76

ASSETS
Non-current assets
Fixed assets
(i) Tangible assets
(ii) Intangible assets
(iii) Capital work-in-progress
(iv) Intangible assets under development
Non-current investments
Deferred tax assets (net)
Long term loans and advances
Other non-current assets
Current assets
Inventories
Trade receivables
Cash and Bank Balances
Short-term loans and advances
Other current assets
TOTAL

2
2
-

Notes :
Other expenses for the quarter ended 30 September, 2012 includes advertisement and publicity expenses of ` 199.57 Lacs and ` 298.14 Lacs for the quarter ended 30 September, 2011.
Deferred Tax asset has not been recognised and will be reviewed at the year end.
As the company's business activity falls within a single primary business segment viz "Educational Services", the disclosure requirements of Accounting Standards (AS-17) "Segment Reporting" is not applicable.
The above results were reviewed by the Audit Committee and thereafter approved by the Board of Directors in its meeting held on 31 October, 2012.
The Statutory Auditors have carried out a "Limited Review" of the above standalone financial results for the quarter ended 30 September, 2012.
Previous period/years figures have been regrouped, wherever necessary.
For and on behalf of the Board of Directors
Place : Mumbai
Date : 31 October, 2012

s/d
Himanshu Mody
Chairman