NEW DELHI: Edtech agency Assume and Study Non-public Ltd, which operates beneath the model identify of BYJU’s, on Saturday reported narrowing of operational losses in core enterprise to Rs 2,253 crore for the 2021-22 fiscal. The EBITDA, or the operational loss in core enterprise, was down from Rs 2,406 crore within the year-ago interval, the corporate mentioned.
The core enterprise of the corporate includes its K12 providing, software and tuition centres.
BYJU’S mentioned its core enterprise income grew 2.3 instances to Rs 3,569 crore in FY22 from Rs 1,552 crore within the earlier 12 months.
“The core enterprise has demonstrated good development, underlining the potential of edtech in India, the fastest-growing main economic system. I’m additionally humbled by the teachings learnt within the post-pandemic world of readjustments,” BYJU’S founder and group CEO Byju Raveendran mentioned in a press release.
“BYJU’S will proceed on the trail of sustainable and worthwhile development within the coming years,” he mentioned.
The monetary numbers launched by the corporate excludes the monetary efficiency of all acquisitions made by the corporate.
The core enterprise of the corporate includes its K12 providing, software and tuition centres.
BYJU’S mentioned its core enterprise income grew 2.3 instances to Rs 3,569 crore in FY22 from Rs 1,552 crore within the earlier 12 months.
“The core enterprise has demonstrated good development, underlining the potential of edtech in India, the fastest-growing main economic system. I’m additionally humbled by the teachings learnt within the post-pandemic world of readjustments,” BYJU’S founder and group CEO Byju Raveendran mentioned in a press release.
“BYJU’S will proceed on the trail of sustainable and worthwhile development within the coming years,” he mentioned.
The monetary numbers launched by the corporate excludes the monetary efficiency of all acquisitions made by the corporate.
