Company Profile For Navneet Publications Ltd

Navneet Publications Ltd (NAVN.BO) (Bombay Stock Exchange)

sector: Cyclical Consumer Goods & Services · industry: Publishing ·

As of 26 Nov 2009

38.65INR

Price Change

-0.75

Percent Change

-1.90%

Analyst Recommendations

Overview

Navneet Publications (India) Limited (Navneet) is an Indian company whose operations relates to manufacturing of knowledge-based information in education and general books form, and in paper and other stationery items. It caters to the educational need of India, as well as the global market. The Company operates in three segments: Publication, Stationery and Others, which comprises of revenue from generation of power by windmill and sale of trading items. During the fiscal year ended March 31, 2009, Navneet e-learning Pvt. Ltd. became subsidiary of the Company with its Company holding 87.17% of its interest. The subsidiary Company, as of March 31, 2009, was engaged in content creation for e-learning business.

Quick Financial Synopsis

BRIEF: For the fiscal year ended 31 March 2009, Navneet Publications (India) Limited's revenues increased 24% to RS5.14B. Net income increased 3% to RS560.6M. Revenues reflect an increase in sales from publications segment, stationery segments and higher other income. Net income was partially offset by an increase in manufacturing expenses, higher salaries, wages & employee benefit expenses and increased interest expenses.