Educomp Solutions today said its consolidated net profit stood at Rs 57.8 crore for the quarter ended September 30,2010.
“There has been a change in the business model of the company and consequently the current period numbers are strictly not comparable to those of the corresponding period of previous year,” Educomp Solutions said in a filing to the Bombay Stock Exchange.
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The company had a net profit of Rs 115.5 crore in the July-September quarter last year,the company said.
Total income stood at Rs 285 crore in the second quarter ended September,while it had a total income of Rs 338.5 crore in the same quarter previous fiscal.
