BYJU’S Owned Aakash Mints INR 80 Cr In FY22 Profits, Sales Cross INR 1,400 Cr Mark

BYJU’S Owned Aakash Mints INR 80 Cr In FY22 Profits, Sales Cross INR 1,400 Cr Mark

SUMMARY

Aakash’s profit widens by 82% to INR 79.5 Cr in FY22, a significant improvement from INR 43.6 Cr in FY21

Aakash’s total income stood at INR 1,464.3 Cr in FY22, a 39% increase from INR 1,050 Cr in FY21

In FY22, its expenditure jumped to INR 1,331.7 Cr, a 37% increase from INR 990.3 Cr in FY21

While the edtech giant BYJU’S is yet to release its FY22 financial report card, its crown jewel – Aakash Educational Services Ltd (Aakash), saw its profit widen by 82% to INR 79.5 Cr in FY22. This marks a significant improvement compared to the INR 43.6 C profit it reported in FY21 on a standalone basis. 

It must be noted that this is the first financial year for Aakash under BYJU’S (more on this later).

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