Veranda Learning Demonstrates Year-on-Year Growth in Edtech Sector

Veranda Learning, an innovative company in the Edtech industry, has achieved an 8% year-on-year growth in its operations. However, during the third quarter of FY25, Veranda experienced a significant increase in its losses, which surged 12 times compared to the same period in the previous fiscal year, specifically Q3 FY24.

Financial Performance Overview

According to the consolidated unaudited financial statements obtained from the National Stock Exchange (NSE), Veranda’s revenue from operations climbed to Rs 99 crore in Q3 FY25, a rise from Rs 92 crore in Q3 FY24. This highlights Veranda’s ability to grow its revenue even as it navigates financial challenges.

Year-to-Date Results

In the first nine months of FY25, Veranda reported a total revenue of Rs 357 crore, alongside a notable loss of Rs 258 crore. These figures offer a broader context regarding the company’s financial landscape as it continues to scale its operations within the competitive Edtech market.

This story is still developing, and further updates are anticipated.