Hyderabad :

K. Sarath, son of a businessman from Siddipet, Medak district of Andhra Pradesh, has secured all India first rank in the CA-CPT results declared by the Institute of Chartered Accounts of India (ICAI) on Tuesday.

“`I could not believe the news when I received a call from ICAI this morning and I have no words to express my happiness,” Sarath told newspersons here.

His father, K. Chandram services and sells sewing machines while his mother, Bhagyalakshmi, is a house wife.

After completion his schooling in Siddipet, Sarath joined Sri Medha Institute here to purse an integrated intermediate-cum-CA entrance coaching. “He topped the exam which was written by over six lakh CA aspirants. The pass percentage in the exam is generally less than 20 per cent,” Niharika, Director, Sri Medha said.

After successful completion of about four-year CA course, Sarath wants to study management at any one of Indian Institute of Managements.

source: http://www.thehindubusinessline.com / Business Line / by The Hindu Bureau     naga.gunturi@thehindu.co.in / Hyderabad – July 16th, 2013