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Adda247 reports 88% rise in revenue, 66% decline in losses in FY24
short by / on Tuesday, 28 May, 2024
Edtech platform Adda247 has reported significant financial achievements for the fiscal year 2024. The company saw its revenue surge by 88% year-on-year, reaching ₹243.39 crore, up from ₹129.65 crore in the previous fiscal year. Notably, Adda247 managed to reduce its net loss by 66% to ₹101 crore from ₹296 crore in FY23.
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