IEC Education

IEC Education Limited is a public company based in New Delhi, set up to offer education services to colleges, universities, and government franchise centers. The company's main plan is to restart its business activities, a goal that relies on improving its financial health and recovering money owed to it. A key part of its revival strategy is focusing on recovering pending payments, especially from a settlement proposal with the Delhi Government's education department. During the last financial year, the company did not undertake any business operations, which directly impacted its financial performance and revenue generation. For future growth, it is exploring new opportunities in non-formal education, training, and various skill development programs run by the Central Government. On a consolidated basis, the company reported a net loss of Rs. 63.58 lakhs for the financial year, compared to a loss of Rs. 23.09 lakhs previously.;