Q4 2022 CL Educate Ltd Earnings Call Transcript
So we'll start with the Q4 and our annual results. Arjun, could you go straight to slide -- relevant slide first, the financial update. Okay.
In snapshot, FY '22 was still a significantly COVID-impacted year, with a lot of on-ground and physical business shut down for a large part of the year. It was only in the last quarter that the physical operations did start at most of our educational centers beginning end of January or early February.
Despite that, if you look at our business, the revenues grew about 13% from about INR 192 crores to INR 216 crores. Our operating EBITDA increased from a loss of INR 10 crores to a profit of INR 20 crores, and our total EBITDA increase from a loss of about minus INR 1 crore to a total positive EBITDA of INR 29.2 crores. And PAT increased from a negative INR 12 crores, that's a loss of INR 12 crores, to INR 14.6 crores.
So the last 12 months have seen a significant turnaround in both business growth as well as business optimization in terms of efficiency, efficacy and delivery throughput, resulting in margin
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