Tree House to open 16 centres by December

Tree House Education and Accessories Limited, the provider of educational services in India and operator of self-operated pre-schools in the country, plans to open 16 new centres by December 2011. The brand opened 11 new pre-schools by quarter end of September 2011. Presently, the total numbers of centres are 234, in which 76 are franchised. It has its presence in 35 cities.

Tree House Education and Accessories Limited has posted a total income of Rs 349.92 million in the first half of fiscal year 2012. The net profit for FY 2012 was Rs 104.93 million as compared to Rs 91.95 million for the entire FY 2011.

According Rajesh Bhatia, Managing Director, Tree House Education and Accessories Limited, “ The financial results for the second quarter reflect the growing acceptance of Tree House as a preferred pre-school destination for toddlers across the country. We remain upbeat about our performance in the remaining two quarters of the fiscal year.”

The company's branches are concentrated in western India, which accounts for more than 72 per cent of all the branches, of which 80 per cent are concentrated in Mumbai.