Tree House Education Q3FY15 net profit rises 24.96% to INR 15.12 cr

Q3FY15 income up 33.67% to INR 53.11 cr

· Q3FY15 Operational EBITDA up by 31.13% to INR 32.17 cr

Tree House is now present in 80 cities across India with 562 preschool network

New cities launched in the quarter are: Ratlam, Jhansi , Hajipur , Agra and Vishakhapatnam

February 9, 2015: Tree House Education and Accessories Limited (‘Tree House”), which runs quality pre-schools and also provides educational services to K-12 schools throughout India, posted a 24.96% y-o-y growth in its net profit for the quarter ended December 31, 2014 (Q3 FY15) amounting to INR 15.12 crore. Tree House net profit in the corresponding quarter (Q3FY14) stood at INR 12.10 crore.

The total revenue grew by 33.67% to INR 53.11 crore during Q3 FY15, compared to INR 39.73 crore reported in the 3^rd quarter FY2014. The EBITDA for Q3 FY15 is INR 32.17 crore compared to 24.53 crore for the 3^rd quarter of FY2013, representing 31.13% y-o-y growth. The operational EBITDA margin for Q3 FY15 was 60.57% and the net profit margin was 28.21%.

Tree House had a net addition of 24 preschools in the 3^rd quarter of FY2015 and the total number of centres as of December 31, 2014, was 562 across 80 cities in India. Out of this, the number of self-operated centres was 459 with the ratio of self-operated to total pre-schools standing at 81.67%. It provides school management services to 24 K-12 schools in 3 states. The total staff strength as of Q3 FY 2015 was 2179. The total teacher strength was 2085.

Mr. Rajesh Bhatia, Promoter and Managing Director, Treehouse said, “The financial results for Q3FY2015 showcase another strong quarter of performance by the Company.

We are seeing increased demand for the Treehouse brand along with rise in education-linked spending across the country. We believe there is strong case for accelerating our growth over the next 3 years. To implement this incremental growth, we successfully completed an INR 200 Cr QIP in December 2014.

As the benefits of the growth in network start accruing, our company will be in a position to deliver many such quarters of growth in the future, thus delivering value creation for all our stakeholders.”

Tree House Education & Accessories Limited

Tree House Education and Accessories Limited (NSE code: TREEHOUSE; BSE code: 533540, MCX-SX : TREEHOUSE ) runs quality preschools and also provides educational services to K-12 schools throughout the country. TreeHouse has revolutionized the concept of pre-school pedagogy in India through the use of innovative teaching methods and child-focused personal care.

For more updates and information on the Company, please log on to www.treehouseplaygroup.net

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