Navneet Education's Q3 revenues have grown 38.6% to Rs 156.5 crore compared to the same quarter of the previous year. The sharpest segment growth for the company was in stationery, which grew by 54.7% to Rs 61.7 crore.
The company's Q3 profits have expanded 67.8% to Rs. 12. 6 crore compared to last year's quarter. Navneet expects that its acquisition of the Encyclopedia Brittanica will boost the e-Sense e-learning B2B platform it offers schools, driving stronger growth in this segment.