Veranda Learning Solutions Limited announced its un-audited consolidated and standalone financial results for the quarter ended June 30, 2026 (Q1FY27), pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Highlights

  • Revenue from operations for Q1FY27 stood at ₹150 crore, representing a 42% year-on-year (YoY) increase
  • Gross profit increased 36% YoY to ₹95 crore with gross profit margin of 63%
  • EBITDA reached ₹54 crore, registering 10% YoY growth
  • Profit After Tax (PAT) surged 472% YoY to ₹34 crore, marking the sixth consecutive PAT positive quarter
  • Other Income was ₹1.9 crore
  • Operating Expenses were ₹8.7 crore
  • Advertisement & Business Promotion expenses were ₹5.0 crore
  • Corporate Costs were not quantified in the disclosure
  • Other Expenses were ₹28.6 crore
  • Non-Operating Expenses were ₹0.4 crore
  • ESOPs/RSU expenses were ₹0.4 crore
  • Exceptional Item was nil
  • Share from Associate was ₹1.9 crore (down 41% YoY)
  • Rent as per IND AS was ₹10.0 crore (down 8% YoY)
  • Finance Cost was ₹8.1 crore (down 69% YoY)
  • Depreciation was ₹7.2 crore (down 4% YoY)
  • Tax Expenses were -₹3.5 crore (down 322% YoY)

Segmental Performance (₹ crore)

Operating Revenue:

  • Academic: Q1FY27 ₹12.2 cr (↑22% YoY, ↑49% QoQ)
  • Commerce TP: Q1FY27 ₹108.6 cr (↑53% YoY, ↑15% QoQ)
  • Government TP: Q1FY27 ₹32.5 cr (↑41% YoY, ↑14% QoQ)

EBITDA:

  • Academic: Q1FY27 ₹9.2 cr (↑53% YoY, ↑26% QoQ)
  • Commerce TP: Q1FY27 ₹42.6 cr (↑58% YoY, ↓20% QoQ)
  • Government TP: Q1FY27 ₹4.0 cr (vs. ₹0.0 cr YoY, flat QoQ)

Operational Highlights

  • Overall enrolments grew 35% YoY to 1.03 lakh students
  • Collections increased 27% YoY
  • Commerce Test Prep: 28 All India Ranks; 150+ UK ACCA enrolments (achieving 60% of full-year target); Online enrolments/orders grew 82% YoY with 135+ All India Rankers in CA Final/Inter; Managed Colleges had 17,340 enrolments (+8.6% YoY) achieving 90% of budgeted revenue
  • Government Test Prep: Best-ever quarter with 15,724 admissions (+28% YoY), led by TNPSC (+52%) and Railways (+100%)
  • Academics (K12): 5,450 admissions for AY26-27; Veranda Future School launched; Won Times of India 'Edu Icons' award

Future Outlook

  • Commerce Segment: Targeting 250+ ACCA enrolments with Gold Partner accreditation; Planning 15 new offline locations; Launching CPA, FRM & US CMA global courses by quarter-end; Adding 6 new managed college branches in Hyderabad & Bengaluru; Beginning CLAT/IPMAT ecosystem build-out
  • Government Test Prep: Expanding from 38 to 45 centers (adding 7 new centers); Launching in Karnataka/Telugu markets; Targeting 240+ placements
  • Academic Segment K12: Scouting expansion in Thaiyur & Trichy; Finalizing Academic Audit and FY27-28 fee structure

Management Commentary

Mr. Suresh S. Kalpathi, Executive Director and Chairman, stated that the company began FY27 with strong broad-based momentum across the portfolio. He highlighted the 42% YoY revenue growth and 472% PAT growth, noting that overall enrolments increased 35% YoY to 1.03 lakh students while collections grew 27% YoY. He confirmed that the proposed Commerce demerger continues to advance as planned, which is expected to unlock long-term shareholder value by providing both businesses with sharper strategic focus, greater operational agility and dedicated capital allocation. The company will continue focusing on digital-led admissions, expanding university and corporate partnerships, launching higher-value programmes, and driving operating leverage.