MT Educare said its standalone net loss increased to ₹38.3 crore in the fourth quarter ended March, compared with a loss of ₹13.94 crore recorded a year earlier. Total earnings fell to ₹5.48 crore from ₹9.29 crore.
Net loss in fiscal year 23 increased to 48.58 crore from 25.16 crore. Total earnings fell to ₹35.1 crore from ₹40.44 crore.
MT Educare Limited is a provider of educational support and training services. The company serves middle and high school students and for students pursuing a diploma in commerce, preparing for competitive exams, and conducting chartered accounting exams.
