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Byjus: Byju’s FY22 results out...

NEW DELHI: After a delay of...

BYJU’s core business operational loss...

NEW DELHI: Edtech firm Think and...

Byjus: Byju’s FY22 results out after a year’s delay; core biz still in loss

NEW DELHI: After a delay of more than a year and having missed two stated timelines for releasing its audited FY22 financials, troubled edtech startup Byju’s on Saturday announced the FY22 earnings statement for its core business which continue to remain deep in losses. The company said that its core business posted EBITDA (earnings before interest, taxes, depreciation, amortisation) losses of Rs 2,253 crore in FY22 which is only marginally lower compared to losses of Rs 2,406 crore reported in FY21.Revenues increased multi-fold to Rs 3,569 crore in...
Karl Jörg -
Business Profiles

Byjus: Byju’s FY22...

NEW DELHI: After a delay of more than a year and having missed two stated timelines for releasing its audited FY22 financials, troubled...
Karl Jörg -
Business Profiles

BYJU’s core business...

NEW DELHI: Edtech firm Think and Learn Private Ltd, which operates under the brand name of BYJU's, on Saturday reported narrowing of operational...
Karl Jörg -
Business Profiles

Byju’s CFO Ajay...

Edtech firm Byju's Chief Financial Officer (CFO) Ajay Goel is returning to his previous company Vedanta Ltd. The seasoned global finance professional was...
Karl Jörg -
Business Profiles

Byju’s to announce...

NEW DELHI: Byju’s has postponed the release of its FY22 results to the second week of October from the earlier stated timeline of...
Karl Jörg -
Uncategorized

WhiteHat Jr to...

Embattled edtech major Byju’s has decided to rebrand its wholly-owned subsidiary, WhiteHat Jr, while integrating the coding company’s assets into other business verticals,...
Karl Jörg -
Uncategorized

Top executives from...

Edtech giant Byju’s Tuition Centre top executives have resigned as a part of this restructuring exercise. Asheesh Sharma, who was handling academics at...
Karl Jörg -
Business Profiles

Byju’s new CEO...

Byju’s to restructure business, more layoffs expected: Arjun Mohan, the recently appointed Chief Executive of Byju's India, has wasted no time in taking...
Karl Jörg -
Business Profiles

Byjus: Byju’s India...

NEW DELHI: Top-level departures at Byju’s continue. In a recent development, the startup’s India CEO Mrinal Mohit has quit. In a statement, the...
Karl Jörg -
Business Profiles

Market Research: Byju’s...

NEW DELHI: Byju’s has deferred clearing the final dues of a batch of its laid off employees to November. “We regret and acknowledge...
Karl Jörg -
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