Visu International Ltd
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BSE Code:
590038
NSE Code:
VISUINTL
Business Profile
Business Profile
Visu International (VISUINTL), formerly known as Visu Consultants, belongs to the Visu group of companies. It was incorporated in 1997. The company is engaged in the field of global education and consultancy business.
Its core activity involves assisting students to make choices regarding their higher education overseas. There are innumerous universities spread across the world offering various courses. These universities invite students from all across the world. The company helps these students decide on the program, university and country most suited to their requirements.
VISUINTL offers end-to-end services to its clients. Its services include comprehensive counseling with regard to country of study, program, tuition fees, location, pre-requisite tests, admission requirements according to the candidate`s profile. After deciding the country/program, advise regarding the standardized tests to be taken and necessary coaching details will be provided. Guidance with respect to scheduling of test dates as per intakes/financial aid deadline of different universities in various countries are given to students in counseling. Education systems in different countries, importance of the documentation, visa procedures, admission procedures, pre-requisites, financial requirements, scholarship chances, program curriculum, living conditions, career options in the country, ..etc, are explained in detail to the students seeking guidance.
The company has over 73 offices all over the world placing around 75,000 students in universities abroad. The company assists students in choosing univerties in the countries of five continents like the US, UK,Canada, Ireland, Singapore, Malaysia, Nepal, Kenya, Tanzania, and Uganda. Its registered office is located in Hyderabad.
Financials
Visu International posted a profit of Rs 22.6 million for the quarter ended June 2007.
Net Sales for the quarter was Rs 144.56 million.
Total income for the quarter was Rs 144.56 million.
The earnings per share (EPS) of the company stood at Rs 0.64 for the quarter ended June 2007.
Recent Developments
11-MAR-08
The board of directors of Visu International, at its meeting held on Mar. 10, 2008, gave its consent for the amalgamation of Visu Films and Visu Communications. The board also decided to de-merge its non educational business and merge it with Visu Publication & Media.
03-AUG-07
On Aug. 1, 2007, the board of directors passed the following resolutions:1. Approved the issue of global depositary receipts (GDRs)/FCCBs issue upto USD 20 million.2. Approved the increase of authorized capital from Rs 520 million to Rs 1,000 million.
Future Plans
A subsidiary of the company is being set up in Dubai to improve the scale of software operations in foreign countries. The company is also on the lookout for acquiring a foreign company/firm to increase competency and economies of scale.
In addition, the company is proposed to set up international schools at Hyderabad and other places abroad. This coveted project of setting up of international standard schools is being implemented and the required land for the project has already been acquired.
The company is also going to introduce an innovative and enthusiastic product Visu Testing Service (VTS) from the arsenal of its R& D service centre to cater to the needs of evaluation of students at national level. VTS is a computer-generated automation software that enables a student to test his/her strengths and weaknesses in a given area at any given point of time. This will be implemented all over India in a phased manner.