Byju’s reports Rs 5,014 cr in operating revenue , Rs 8,245 in losses in FY22
Byju’s reported an operating revenue of Rs 5,014 crore for the financial year 2021-22. However, the company also witnessed a significant increase in losses, reaching a staggering Rs 8,245 crore. The total revenue for Byju’s in FY22 stood at nearly Rs 5,300 crore.
Think & Learn, the parent company of the edtech giant Byju’s, filed its audited financial statements for the financial year 2022 with the Registrar of Companies (RoC), according to a report by The Economic Times (ET). The filing comes several weeks after the financials were initially presented to investors during the annual general meeting held in December.