Aakash Sees Fivefold Increase in Losses Amid Revenue Decline in FY25
Aakash's revenue declined by 16.7% to Rs 2,032 crore in FY25, amid leadership exits and restructuring.
Aakash's revenue declined by 16.7% to Rs 2,032 crore in FY25, amid leadership exits and restructuring.
Aakash Educational Services reported a loss of Rs 2,443 crore, mainly due to exceptional items linked to Byju’s.
Aakash Educational Services has appointed Alka Garg as CFO and Kanika Kumar Nijhawan as Senior VP.
Deepak Mehrotra, CEO of Aakash Educational Services, is resigning after 16 months in the role.