Bansal Classes used to be the first choice for students when I was preparing for JEE . But , as I saw , they produced bots , bots who lost their lives. Good to see the trend slowing down a little .

Conference Call      
          Career Points
Avg. realization per student has increased by 13%


Career held a conference call to discuss the result ending September quarter 2011. The top management of the company addressed the meet:

Highlights
The net sales decreased by 19% to Rs 20.79 crore while net profit was down by 46% to Rs 6.04 crore. The result was impacted a due to close down of 7 centers out of which 5 centre were in Delhi. The total capacity of these centres were around 1000 students.
Avg. realization per student has increased by 13%.

The company has received fee of around Rs 39 crore from students which will be accounted in Q3 and Q4.

In tutorial business, it had enrolled 27000 students during April to September period and 2000 more is expected to join in remaining part of the year.
Enrollment for Kota centre last year was 16000 and this year is 15200.

The fall is due to increasing competition.
Residential Campus at Kota is coming-up to provide residential facilities to students who come to Kota for taking its coaching services. The construction work is in progress and expecting to finish phase one by April 2012.

The capex for its around Rs 64 crore.
The company has launched technology driven learning solution with Brand name "CPLive". Under this it provides tutorial services in live-interactive classes over internet.

The company is expanding its reach though franchisee route. 50 centres are expected by Q1 FY13. The fee will be around Rs 35000 per student and company will charge 25% of it.

The company is currently providing Education Consultancy & Management Services to the following institutions – Upcoming Private University at Kota and Hamirpur, Upcoming Technical Campus at Rajsamand and Mohali, K-12 School at Kota and Upcoming K-12 school at Jodhpur

The companyis also providing Infrastructure support to the following institutions through its wholly owned subsidiary : Upcoming University at Kota (final approval by end of Q3 and session will start in 2012) & Hamirpur (session will start in 2012), Upcoming Technical Campus at Rajsamand (infrastructure is ready and will start in July 2012) and Upcoming K-12 School and Jodhpur ( will start by April 2012).

The company's K-12 residential school will come up in April 2013. The capex for it is around Rs 15 crore and construction will start in next 3 months.
Mohali technical campus has started its operation in Sept. 2011.

The company's networth is Rs 284 crore.

Subu which city (locality)/year was this in?

Originally posted by subu76 Just anecdotal data:The person who used to teach me for enginnering exams (an extremely smart teacher and a wizard in maths and physics ) would charge about Rs 2000 and i'm pretty sure he had more than 1000 students. So one person was making 2.4 cr and this was many years back.Career point makes 68 Cr after having 24,000 students on it's rolls.

That's true...but they seem to be doing many other things at this point as if the potential of entrace exam training has been fully utilized.