Veranda Learning FY26 Revenue Surges 35% YoY to ₹482 Cr, PAT Turns Positive ₹130 Cr
Veranda Learning Solutions reported FY26 revenue of ₹482 Cr, a 35% YoY increase. The company achieved its first full-year PAT positive performance with ₹129.7 Cr in FY26, a turnaround from a loss in FY25. Q4FY26 PAT grew 89% YoY to ₹16 Cr. The first NCLT approval for commerce demerger was received, with final approval expected by mid-July.
The announcement details significant financial improvements, including a turnaround to profitability and strong revenue growth, alongside a major corporate restructuring (demerger) that is expected to drive substantial future growth, indicating a high impact on the company's valuation and future prospects.
The company reported strong year-on-year growth in revenue and profits, achieving its first full-year PAT positive performance since listing, and received a significant NCLT approval for a demerger, indicating positive financial and strategic developments.
Veranda Learning Solutions Limited announced its audited financial results for the fourth quarter and year ended March 31, 2026. The company reported a 35% year-on-year increase in revenue from operations for FY26, reaching ₹482 crore, up from ₹357.3 crore in FY25. For the fourth quarter of FY26, revenue from operations stood at ₹132.4 crore, marking a 52% year-on-year growth.
The company achieved a significant milestone by reporting its first full-year Profit After Tax (PAT) positive performance since listing. For FY26, the PAT was ₹129.7 crore, a substantial turnaround from a negative PAT of ₹251.6 crore in FY25. In Q4FY26, PAT rose by 89% year-on-year to ₹16 crore.
Gross profit for Q4FY26 increased by 72% year-on-year to ₹90 crore, with gross margins improving to 68% from 65% in Q3FY26. EBITDA for FY26 stood at ₹204 crore, an increase of 135% year-on-year, with EBITDA margins rising to 42.4% from 24.3% in FY25.
Key initiatives during FY26 included the launch of Commerce Virtuals for Class 11 & 12, expansion into new offline locations in Tier 2/3 towns, and the introduction of new courses in Govt. Test Prep. Future plans involve expanding Government Test Prep presence into Karnataka, adding managed school services for Pre-KG, expanding the offline commerce college network to 15 new locations, and establishing an offline presence in North & West India.
Veranda Learning Solutions also announced that it has received the first NCLT approval for the proposed commerce demerger, with final NCLT approval expected by mid-July. Post-demerger, the company targets 3-4x revenue growth in the commerce segment over the next 3-4 years, aiming for ₹1,000+ crore revenue by FY30. The non-commerce segment's growth is expected to be driven by geographic expansion in the southern part of India.
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Veranda Learning Solutions Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Veranda Learning Solutions Limited. Read the original for the full detail.