Tag: Ministry of Corporate Affairs

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...