BYJU'S loss down 6.4% YoY to ₹2,253 crore in FY22, revenue up 130%

Edtech unicorn BYJU'S has published its delayed financial results, with its loss falling 6.4% YoY from ₹2,406 crore to ₹2,253 crore in FY22. The Byju Raveendran-owned startup's revenue rose 130% YoY from ₹1,552 crore to ₹3,569 crore while its EBITDA margin improved from -155% in FY21 to -63% in FY22. "Takeaways from a uniquely belligerent year...are lifelong learnings," Raveendran said.