Byju’s FY22 losses jump 80 per cent to Rs 8,245 crore

After a delay of about 22 months, troubled edtech firm, Byju’s on Tuesday filed its consolidated FY22 earnings with the Registrar of Companies, reporting widening of losses by 80% to Rs 8,245 crore. In FY21, the company’s losses stood at Rs 4,588 crore.

Total revenues during the year was up 118% to Rs 5,298 crore. In FY21, the same stood at Rs 2,428 crore. In November 2023, the company had said that its standalone revenue from core business rose to Rs 3,569 crore, while it recorded an Ebitda loss of Rs 2,253 crore.