Press Release

“Aptech Limited announces Year 2007 standalone results”

31st March, 2008

  • Consolidated results to be announced by April end
  • System-wide Booking Rs. 364. 52 Crores up from Rs. 224.67 Crores in 2006, a 62% increase
  • Net Revenues grow by 18%
  • PAT at Rs.2.46 crores compared to a loss of Rs. 6.74 crores in 2006

Qtr ended
Dec 31, 06
Qtr ended
Dec 31, 07
Year ended Dec 31, 06
Year ended Dec 31, 07

New Delhi:
For the year ending 2007, Aptech Limited, the Global Learning Solutions Company, posted impressive System-wide revenues of 390.64 crores, registering a growth of 62% over the previous year on a standalone basis. The PAT stood at 2.46 crores.

The standalone audited financial results were taken on record at a Board Meeting held in Mumbai. The Board noted that since the statutory audit of the financial results of Aptech’s Joint Venture Company in China is in progress, the consolidated results of the group will be published by April end.

Commenting on Aptech’s performance, Mr. Pramod Khera, CEO & MD – Aptech Ltd. said “We had declared the year 2007 as a year of growth. We kept up with our resolve on all fronts – revenues, booking, number of centres, geographies, number of students et al. With the year 2008 marked as the year of sustained profitable growth, we are looking forward to bettering our growth on all fronts”.

Highlights 2007 :

  • New Brand – N Power launched in the second half of 2007 to address the market for Certified Hardware & Networking programs. The first 6 months sees 30 new centres.
  • Strategic Alliance - AICAR. Aptech and AICAR join hands to offer premium post-graduate academic qualifications in Aviation Management, Animation & Banking
  • International Expansion – 18 new Aptech Computer Education Centres, 9 new Arena Animation centres and the maiden N Power centre launched abroad. ACE enters Jordan & Syria. Arena enters Mongolia, Saudi Arabia, Syria & Jordan. Vietnam gets its first N Power Centre.
  • Domestic – Aptech Computer Education & Arena Animation added 15 new centres each across India. Whilst ACE bookings grew at 40%, Arena bookings grew at 70%.
  • Arena in conjunction with CNBC 18 announced the Golden Cursor Animation Awards.
  • The mega successful seminars by Arena viz. PERSPECTIVES continued their journey across India with noted Indian & International speakers like Chris Webster.
  • Training Solutions business added marquee clients during 2007.

Awards & Accolades 2007 :

Year 2007 brought in a lot of accolades for Aptech & Aptechites:

  • Arena Animation conferred Maharashtra state IT Award ‘07 (IT HRD)
  • Indian Franchising Awards 2007 - Winner of the Indian Global Franchisor of the Year Award & Win-win Franchising Partnership of the Year Award. Arena bagged the Franchise Growth Driver of the Year Award.
  • Featured amongst TrainingOutsourcing.com’s Top 20 Global Training Outsourcing Service Provider (OSP) Companies – 2007
  • Featured among the India’s Biggest Newsmakers in the prestigious Business Today - Cirrus Review of CEOs and companies for four consecutive years –2004, 2005, 2006 & 2007. Amongst Top 10 Biggest Newsmakers in IT companies category – 2006, 2007.
  • Mr. Pramod Khera, CEO & MD, Aptech Ltd. conferred the “CEO with an HR Orientation Award” for his outstanding contribution to building a Peoples’ Organization.
  • Honored with The IT People Award for Leadership in IT Education - 2007 Education
  • Indira Super Achiever Award’ for 2007 given to Mr. Anuj Kacker, Senior Vice President – Intl Operations, Aptech Ltd., recognizing his Talent, Competence, Skills & contribution to the organization.
  • ‘Indira Super Achievers Award for Brand Building’ was given to Ms. Preeti Malik, Vice President & Head, Avalon Aviation Academy, for her phenomenal contribution in building the Avalon Brand in a short span of time.

About Aptech Ltd. :

Aptech is successfully maintaining its leadership position through it’s various business lines which include IT, Animation & Multimedia Training (Aptech Computer Education, & Arena Animation); Hardware & Networking Training (N-Power); Offshore Content Development (Aptech Learning Services); e-learning (onlinevarsity.com), Training & Assessment Solutions for Corporates & Institutions (Aptech Training Solutions & ATTEST) Developer Training & Consultancy (Synergetics) and Aviation Training (Avalon Aviation Academy).

Aptech commenced its IT education & training business in 1986 and has trained over 4 million students – globally. Aptech is an ISO 9001:2000 organization and was the first IT training and education organization in Asia to receive the ISO 9001 quality certification for Education Support Services in 1993.

For further information on Aptech Limited please do visit our website at www.aptech-worldwide.com

For Further Details Contact:

Sonia Narula
Vice President
(Corporate Communications)
Aptech Limited
Telefax : 011 516 466 46(D)
E-mail: sonian@aptech.ac.in