Veranda RACE Surpasses ₹100 Cr Revenue & 5 Lakh Enrolments
Veranda RACE, a Veranda Learning enterprise, has surpassed ₹100 crore in revenue and 5 lakh cumulative student enrolments. The institution achieved its highest annual intake of 50,000 students. Revenue has more than doubled from ₹51 crore in FY 2022-23. 2,754 students cleared government examinations.
The announcement highlights substantial revenue growth and a significant increase in student intake and success rates, which are positive indicators for the company's performance and market position within the education sector.
The announcement details significant growth in revenue and student enrolments, along with a high number of successful exam clearances, indicating strong business performance and positive market reception.
Veranda Learning Solutions Limited's subsidiary, Veranda RACE, a leading government exam coaching institution in South India, has announced significant achievements. The company has crossed ₹100 crore in revenue and surpassed 5 lakh cumulative student enrolments since its inception in 2012.
In the current year, Veranda RACE recorded its highest-ever annual intake with approximately 50,000 students. Of these, around 37,000 students enrolled in its offline classroom centers across 40+ branches in Tamil Nadu, Kerala, and Karnataka. Additionally, about 12,000 learners joined its live online programs, and nearly 1,000 students enrolled in the Practice Village residential coaching program. The institution has now trained over 5,00,000 aspirants across fourteen years, with its YouTube channels collectively reaching over 2 million subscribers.
The institution's revenue has more than doubled from ₹51 crore in FY 2022-23. A total of 2,754 Veranda RACE students successfully cleared government examinations in categories such as Banking, SSC, Railways, TNPSC, Kerala PSC, and TNTET. To celebrate these successes, Veranda RACE will organize its annual Victory Lap, a series of Success Meets across 15 cities and towns in Tamil Nadu, Kerala, and Karnataka.
Bharath Seeman, Founder of Veranda RACE and CEO of Veranda IAS, highlighted the trust placed by over five lakh students and the meaningful milestone of crossing ₹100 crore in revenue, emphasizing the positive impact on families. Santhosh Kumar, CEO of Veranda RACE, expressed pride in the 2,754 student selections and outlined future plans to strengthen presence in Kerala and Karnataka, expand the Practice Village program, and enhance online learning.
Suresh Kalpathi, Executive Director and Chairman of Veranda Learning Solutions, stated that the milestone reflects the strength of outcome-driven education and the creation of a trusted platform for government exam preparation. He noted that while revenue and enrollment are significant, the true impact lies in the thousands of government job selections that improve economic mobility.
The press release also includes a safe harbor statement, noting that the provided metrics are subject to audit and are based on unaudited internal management accounts. A detailed update will be provided upon the Board of Directors' approval of the quarterly and annual results for the period ended March 31, 2026. The company also cautioned that the press release contains forward-looking statements and advised investors to exercise caution.
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Veranda Learning Solutions Limited filed this with the NSE as a statutory disclosure, categorised under other company updates. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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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.