Edtech startup Byju's has released its audited FY22 financials, revealing deep losses in its core business. The company reported EBITDA losses of Rs 2,253 crore in FY22, slightly lower than the losses of Rs 2,406 crore in FY21. However, revenues increased significantly to Rs 3,569 crore from Rs 1,552 crore. The financials exclude acquisitions made by the company. Byju's has faced various challenges, including a dispute with lenders and the resignation of its former auditor and board members.
- News Source Indiatimes (Click to view full news): CLICK HERE
0 Comments:
Leave a Reply