Education company Crizac announced Q1FY27 results Consolidated Financial Highlights: Total Income: The consolidated total income for Q1FY27 stood at Rs 20,843.11 lakh, representing a decrease of 47.70% from Rs 39,856.70 lakh in Q4FY26 and a decline of 4.04% compared to Rs 21,720.55 lakh in Q1FY26. Revenue from Operations: Revenue for Q1FY27 was Rs 20,121.32 lakh, down 48.63% from Rs 39,173.42 lakh in Q4FY26 and down 3.97% from Rs 20,953.53 lakh in Q1FY26. Net Profit after Tax: The company reported a net profit of Rs 4,616.56 lakh in Q1FY27, which is a decrease of 38.03% compared to Rs 7,450.11 lakh in Q4FY26, but a slight increase of 0.77% compared to Rs 4,581.25 lakh in Q1FY26. Total Comprehensive Income: For Q1FY27, the total comprehensive income was Rs 5,113.62 lakh, marking a 31.86% decrease from Rs 7,504.91 lakh in Q4FY26 and a 12.42% increase from Rs 4,548.64 lakh in Q1FY26. Earnings Per Share (EPS): Basic and Diluted EPS for Q1FY27 was Rs 2.69, compared to Rs 4.29 in Q4FY26 and Rs 2.62 in Q1FY26. Standalone Financial Highlights: Total Income: Standalone total income for Q1FY27 was Rs 8,836.85 lakh, showing an increase of 18.43% from Rs 7,461.74 lakh in Q4FY26 and up 19.30% from Rs 7,407.10 lakh in Q1FY26. Revenue from Operations: Standalone revenue stood at Rs 8,201.07 lakh in Q1FY27, reflecting a growth of 20.08% from Rs 6,829.51 lakh in Q4FY26 and 23.01% from Rs 6,666.83 lakh in Q1FY26. Net Profit after Tax: Net profit for the quarter was Rs 5,286.25 lakh, a growth of 40.45% from Rs 3,763.74 lakh in Q4FY26 and 28.80% from Rs 4,104.27 lakh in Q1FY26. Total Comprehensive Income: The total comprehensive income for Q1FY27 was Rs 5,766.45 lakh, up 59.95% from Rs 3,605.17 lakh in Q4FY26 and up 43.30% from Rs 4,024.04 lakh in Q1FY26. Earnings Per Share (EPS): Standalone Basic and Diluted EPS for Q1FY27 stood at Rs 3.02 compared to Rs 2.15 in Q4FY26 and Rs 2.35 in Q1FY26. Business Highlights: Segment Performance: The Group is primarily engaged in the business of "International Student Recruitment". There is no separate reportable segment as per Ind AS 108 - Operating Segments. Seasonality of Business: The business of International Student Recruitment is seasonal in nature. Consequently, the results vary from quarter to quarter and results for the current quarter are not representative of the annual results. Overseas Acquisition: Subsequent to Q1FY27, the company's wholly owned subsidiary, Crizac Ltd UK, entered into an agreement to acquire 100% equity share capital of Inova Consultancy Limited for a cash consideration of £742,378. The acquisition is intended to strengthen the Group's international education recruitment business and expand presence in new destination markets. Change in Accounting Estimate: Effective April 1, 2026, the company changed its method of depreciation and amortization from the Written Down Value (WDV) method to the Straight Line Method (SLM). This change resulted in the depreciation and amortization expense for Q1FY27 being lower by Rs 125.20 lakh. Leadership and Board Changes: Dr. Vikash Agarwal ceased to hold the position of Chairperson with effect from the closure of business hours on August 3, 2026, and continues as Managing Director. Mr. Christopher Flood Nagle was appointed as an Additional Director and Chairman of the Company effective August 4, 2026. Mr. Rituparno Sarkar was appointed as the Chief Technology Officer (SMP) effective August 3, 2026, following the cessation of Mr. Sibendu Roy from the same position. Mr. Nikhil Jain was appointed as the Chief Product and Marketing Officer (SMP) effective August 3, 2026, following the cessation of Ms. Salaria Zaheer. Mr. Dishant Kharbanda was appointed as the Chief Innovation Officer (SMP) effective August 3, 2026. Ms. Anindita Das (Chief Business Officer) ceased to be recognized as Senior Management Personnel (SMP) effective August 2, 2026, due to a revision in the company's management structure. Result PDF