IT Training Services company Veranda Learning Solutions announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Q4FY25 Revenue from Operations stood at Rs 114.1 crore, up 11% YoY, with Gross Profit rising to Rs 71.4 crore and margin of 62.5%. The expense for Q4FY25 includes one-time Expected credit loss and Non-cash ESOP expense of Rs 3.7 crore and other income included a gain on remeasurement of financial liability Rs 29.5 crore Post the above, the adjusted EBITDA for the quarter ended stood at Rs 25.6 crore The Company reported an adjusted EBITDA of Rs 25.6 crore in Q4FY25 compared to Rs 11.9 crore in Q3FY25 (preadjusted). The Finance cost for the quarter stood at Rs 35.7 crore, which includes Rs19.8 crore cash interest (including accrued premium) on the NCDs raised by the company and other borrowings, Rs 4.28 crore towards interest on lease liabilities and Rs 11.6 crore of non-cash expenses the acquisition related liabilities The Depreciation cost for the quarter stood at Rs 17.7 crore This includes non-cash expense of Rs 10.3 crore arising out of amortization of intangible assets pertaining to the acquisitions completed FY25 Financial Highlights: FY25 Total Revenue (pre-adjustment) surged 35.6% YoY to Rs 502.0 crore, driven by broad-based growth. PAT jumped 121.9%, supported by operational gains and fair value remeasurement-led other income. For FY25, EBITDA (Pre-Adjustment) stood Rs 99.2 crore, marking a substantial 59.1% year-on-year increase from Rs 62.3 crore in FY24, highlighting the company's strong operational momentum and strategic execution. Suresh S. Kalpathi, Executive Director and Chairman of Veranda Learning Solutions, added, “We have made significant strides in our journey to become a leading player in the education sector. With the successful execution of the first phase of our growth strategy, we have built a robust portfolio of trusted brands and offerings that span the full academic lifecycle of a student. This marks the conclusion of our acquisition-led growth journey, as we now transition into the next phase—focusing on organic expansion by scaling our existing platforms and deepening our market presence. In Q3, we successfully concluded the first phase of our strategy by building a strong portfolio of student-focused brands. This marked the end of our acquisition-led expansion, with a pivot toward organic growth and operational synergies. We undertook a strategic review of intangibles, leading to one-time non-cash adjustments for improved transparency. Despite seasonality and exam shifts impacting performance, we laid the groundwork for a stronger FY26 and beyond. As committed, we’ve delivered a standout Q4 performance driven by sharp execution of our strategic priorities. Crossing the Rs 500 Cr revenue mark is a pivotal milestone—signaling enhanced operational efficiency, financial discipline, and the strength of our scalable model. We also successfully closed two key acquisitions—BB Virtuals and Navkar Digital—further strengthening our leadership in the commerce education space. In addition, the completion of a preferential equity raise has reinforced our balance sheet. Looking ahead, we remain focused on scaling across verticals, with an emphasis on digital offerings, global certifications, and regional expansion—positioning us well for sustained growth and long-term value creation.” Result PDF