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).