Q1 2025 Navneet Education Ltd Earnings Call Transcript

Aug 13, 2024 / 09:30AM GMT
Operator

Ladies and gentlemen, good day, and welcome to Navneet Education Limited Q1 FY25 earnings conference call. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Sunil Gala, Managing Director of Navneet Education Limited. Thank you, and over to you, sir.

Gnanesh Gala - Navneet Education Ltd - Managing Director, Executive Director

Thank you very much. Good afternoon and a very, very warm welcome to everyone present on the call. Today, along with me, I have Mr. Kalpesh Dedhia, our CFO; Mr. Roomy Mistry, our Head IR; and SGA, our investment relation advisers. Hope you all have received our results and investor presentation by now. For those who have not, you can view it on our stock exchanges and the company website.

So let me first begin the call by sharing the recent highlights of August '24. The Board of Directors have approved a share buyback of INR100 crores. This buyback will involve repurchasing up to 50 lakh shares at a price of INR200 per share, representing approximately 2.2% of

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