Veranda Learning Solutions Ltd. consolidated loss for the September quarter has narrowed down to ₹1.53 crore from ₹21 crore within the yr ancient times due to a surge in working income.
Revenue from operations elevated almost three-fold to ₹98 crore, the Chennai-based edtech firm mentioned in an announcement.
After a difficult interval of assimilating belongings within the schooling ecosystem over the previous two years, the corporate has began to reap the rewards, mentioned Executive Director and Chairman Suresh Kalpathi.
“We have successfully stitched a fabric through strategic acquisitions, further enhancing our competitive advantage in the market. We are close to achieving the dream of being present across the entire education value chain,” he mentioned.
“We are confident that this momentum will persist, as we continue to drive growth from both our existing and newly acquired businesses. The future looks promising, and we remain committed to delivering exceptional results and value for our stakeholders,” he mentioned.
