Zee Learn shares soar over 14% on best ever Q1 results

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New Delhi | Updated: July 8, 2016 4:12:01 PM

Zee Learn shares soared as much as 14.43 per cent in the early trade on Friday after the company reported its best first quarterly results since inception.

bse sensex nse nifty Zee LearnZee Learn shares soared as much as 14.43 per cent in the early trade on Friday after the company reported its best first quarterly results since inception.(Photo: Reuters)

Zee Learn shares soared as much as 14.43 per cent in the early trade on Friday after the company reported its best first quarterly results since inception.

At 9.45 am, shares of Zee Learn were trading 11 per cent up at Rs 33.10. The scrip opened the day at Rs 33.50 and has touched a high and low of Rs 34.10 and Rs 32.60, respectively, in trade so far. Later, the share price of the company closed 8.39 per cent up at Rs 32.30.

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For the quarter ended June 30, 2016, the company reported net profit of Rs 8.01 crore, up 102 per cent, against Rs 3.95 crore in the corresponding quarter a year ago.

Revenue from operation of the company jumped 17.35 per cent year-on-year to Rs 42.06 crore from Rs 35.79 crore during the same quarters.

In the past one year, shares of ZEE Learn slipped 15.46 per cent to Rs 29.80 on July 7, 2016. The scrip was trading at Rs 35.25 on the same day a year ago.

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