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Company watch: Gaja Capital-backed CL Educate on the mend after three-year profit fall

By Ankit Agarwal

  • 02 Jul 2019
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Company watch: Gaja Capital-backed CL Educate on the mend after three-year profit fall
Credit: VCCircle

CL Educate Ltd’s net profit rose for the first time in four years in 2018-19 and its revenue growth accelerated, as the owner of test-prep brand Career Launcher benefited from an asset-light business model and a diversification push. But the company doesn’t seem to inspire market confidence. Its shares are trading ......

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