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BYJU'S loss down 6.4% YoY to ₹2,253 crore in FY22, revenue up 130%
short by Ashley Paul / on Saturday, 4 November, 2023
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.
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