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Veranda Learning Sees Profit Soar 89% Amid Strong Growth
30 May
Summary
- Net profit surged 89% to Rs 15.7 crore in Q4 FY26.
- Revenue increased 52% year-on-year to Rs 132.4 crore.
- Corporate restructuring includes NCLT approval for demerger.
Veranda Learning Solutions concluded the fiscal year 2026 with robust financial performance. The company announced an 89% surge in net profit for the fourth quarter, amounting to Rs 15.7 crore, compared to Rs 8.3 crore in the previous year's quarter. Revenue for Q4 FY26 climbed by 52% year-on-year, reaching Rs 132.4 crore. However, EBITDA saw a marginal decline of 5% to Rs 54.5 crore.
For the full fiscal year 2026, Veranda Learning posted a net profit of Rs 129.7 crore on revenues of Rs 481.5 crore, a significant turnaround from a net loss of Rs 251.6 crore in FY25. Executive Director and Chairman Suresh S. Kalpathi highlighted sustained student enrollments and course portfolio expansion as key drivers.
The company is advancing its corporate restructuring, having received the first NCLT approval for a proposed commerce demerger, with final approval anticipated by mid-July. This demerger aims to enhance strategic focus and long-term value. Post-demerger, the commerce segment targets a 3-4x revenue growth within three to four years, aspiring for over Rs 1,000 crore revenue by FY30.
