Conference Call with Veranda Learning Solutions Management and Analysts on Q1FY26 Performance and Outlook. Listen to the full earnings transcript.
IT Training Services company Veranda Learning Solutions announced Q1FY26 results Revenue from Operations for Q1FY26 stood at Rs 139 crore, marking a 17% YoY growth, driven by sustained momentum across offerings. Gross Profit rose to Rs 93 crore, translating into a robust gross margin of 67%. The Company reported an EBITDA of Rs 55 crore- a sharp 98% YoY increase from Q1FY25. EBITDA margins expanded by 1600 bps, reaching 40%, reflecting strong operating leverage and disciplined cost control. Continued efforts to adopt an asset-light model, and deleverage the balance sheet contributed to another positive PAT of Rs 6 crore which is up 123% YOY, reinforcing a sustainable and profitable growth trajectory. Suresh S. Kalpathi, Executive Director & Chairman, Veranda Learning Solutions, said: “We’ve begun FY26 on a strong note, reflecting the momentum of our organic growth strategy. Q1 revenue grew by an impressive 17% YoY, reaffirming the scalability of our core platforms. This was complemented by a 98% surge in EBITDA to Rs 55 crore and a sharp turnaround in profitability, with PAT rising 123% YoY to Rs 6 crore. These results underscore the impact of our sharpened focus on operational efficiency and business expansion. Looking ahead, we’re optimistic about Q2. Early indicators suggest sustained demand and improving seasonality, which position us for an even stronger performance in the coming quarter. We are confident of achieving our FY26 EBITDA target. Our focus remains on scaling offerings, deepening our presence in highpotential geographies, and expanding access to global certifications. With a solid foundation in place, we are well-positioned to deliver sustained value and reinforce our leadership in the education sector.” Result PDF