Chennai: Veranda Learning Solutions has reported a net profit of Rs 129.7 crore for the financial year 2025-26 (FY26), marking a significant turnaround from a net loss of Rs 251 crore in the previous fiscal year. This is the company's first full-year profit since its listing in 2022.
Revenue and EBITDA Growth
Revenue from operations for FY26 increased by 35% year-on-year to Rs 482 crore. The company's EBITDA surged by 135% to Rs 204 crore, while EBITDA margins improved to 42.4% from 24.1% in FY25.
Enrolments and Collections
Overall enrolments grew by 21% to 2.6 lakh students, and collections increased by 40%, driven primarily by the commerce and government test preparation segments.
Management Commentary
Suresh S Kalpathi, executive director and chairman of Veranda Learning Solutions, attributed the strong performance to sustained momentum in student enrolments, expansion of the course portfolio, and healthy traction across both online and offline formats.
Demerger Update
Shareholders have approved the proposed demerger of the commerce entity after the National Company Law Tribunal (NCLT) approved the scheme. Final regulatory approvals are expected by mid-July. Kalpathi stated that this move will help the company focus on its core academics and government test preparation businesses.
