Everonn Education bags Rs 47 crore Haryana govt project

Education and training company Everonn Education has bagged its first project from Haryana Government for implementation of a comprehensive Computer Education scheme at a cost of Rs 47 crore.

Last Updated: Jun 02, 2010, 21:07 PM IST

Chennai: Education and training company
Everonn Education has bagged its first project from Haryana
Government for implementation of a comprehensive Computer
Education scheme at a cost of Rs 47 crore.

The project would cover 213 schools and 20 districts
across Haryana for a span of five years. It includes range of
amenities like supply, installation and maintenance of
physical and IT infrastructure, a statement from the city
headquartered company said.

"We are very happy to bag our first government order in
Haryana and associate ourselves with its Secondary Education
department. We believe that quality school and higher education
would go a long way in building a robust economy. This
transformation would take place gradually,..",Everonn
Education Ltd Managing Director P Kishore said.

On their financial performance the company reported a net
profit of Rs 46 crore up by 106 per cent as against Rs 22
crore in the corresponding period of last year.

The total revenues for the year ended March 31, 2010 also
grew to Rs 294 crore from Rs 145 crore up by 103 per cent.

The Board of Directors have recommended a dividend of 20
per cent per equity share of Rs 10 each subjected to approval,
the statement added.

PTI