IT Training Services company Veranda Learning Solutions announced Q1FY27 results Consolidated Financial Highlights: Revenue from operations for Q1FY27 reached Rs 14,953.86 lakh, representing a growth of 12.95% QoQ from Rs 13,239.45 lakh in Q4FY26 and a significant YoY increase of 41.52% from Rs 10,566.93 lakh in Q1FY26. Other income for Q1FY27 stood at Rs 193.97 lakh, compared to Rs 749.00 lakh in Q4FY26 and Rs 1,729.93 lakh in Q1FY26. Total income for the group was reported at Rs 15,147.83 lakh in Q1FY27, reflecting a QoQ increase of 8.29% from Rs 13,988.45 lakh in Q4FY26 and a YoY increase of 23.18% from Rs 12,296.86 lakh in Q1FY26. Profit before tax for Q1FY27 was Rs 3,042.03 lakh, up by 28.10% QoQ from Rs 2,374.80 lakh in Q4FY26. On a YoY basis, PBT surged by 604.35% from Rs 431.89 lakh in Q1FY26. Net profit for the period in Q1FY27 stood at Rs 3,387.35 lakh, marking a QoQ growth of 115.79% from Rs 1,569.74 lakh in Q4FY26 and a massive YoY growth of 472.35% from Rs 591.83 lakh in Q1FY26. Total comprehensive income attributable to the owners of the company for Q1FY27 was Rs 2,912.15 lakh, compared to Rs 913.37 lakh in Q4FY26 and a loss of Rs 62.20 lakh in Q1FY26. Earnings per equity share (Basic) for Q1FY27 was Rs 3.03, compared to Rs 0.92 in Q4FY26 and Rs 0.10 in Q1FY26. Standalone Financial Highlights: Revenue from operations in Q1FY27 was reported at Rs 579.19 lakh, reflecting a 17.15% QoQ increase from Rs 494.39 lakh in Q4FY26, but a YoY decline of 52.80% from Rs 1,227.08 lakh in Q1FY26. Total income for Q1FY27 stood at Rs 1,597.98 lakh, registering a marginal QoQ growth of 2.30% from Rs 1,562.06 lakh in Q4FY26 and a YoY decrease of 19.53% from Rs 1,985.90 lakh in Q1FY26. Profit before tax for Q1FY27 reached Rs 12.44 lakh, marking a turnaround from a loss of Rs 289.42 lakh in Q4FY26. It was, however, lower than the Rs 45.00 lakh profit reported in Q1FY26. The company reported a standalone net loss of Rs (6.87) lakh in Q1FY27, which narrowed significantly from a loss of Rs (326.13) lakh in Q4FY26. In Q1FY26, the company had a profit of Rs 3.93 lakh. Total comprehensive income for Q1FY27 was Rs 0.33 lakh, compared to a total comprehensive loss of Rs (321.46) lakh in Q4FY26. Earnings per equity share (Basic) for Q1FY27 stood at Rs (0.01), as against Rs (0.34) in Q4FY26 and Rs 0.01 in Q1FY26. Business Highlights: Segment-wise Performance: Commerce: This segment remained the largest contributor with a revenue of Rs 10,858.13 lakh in Q1FY27, compared to Rs 9,423.41 lakh in Q4FY26. Government Test Preparation: Revenue for this segment was Rs 3,251.95 lakh in Q1FY27, up from Rs 2,859.27 lakh in Q4FY26. Managed School Services: Reported revenue of Rs 1,224.91 lakh in Q1FY27, showing growth from Rs 817.40 lakh in Q4FY26. Vocational Education: Revenue stood at Rs 866.69 lakh in Q1FY27, compared to Rs 537.55 lakh in Q4FY26. Corporate Restructuring & Amalgamation: The Hon'ble NCLT, Chennai Bench, approved the Scheme of Amalgamation of Veranda K-12 Learning Solutions Private Limited with Veranda Administrative Learning Solutions Private Limited (VALS). The amalgamation became effective on August 11, 2026, with the appointed date being April 01, 2025. Core Investment Company (CIC) Status: During FY26, the company met thresholds for classification as a CIC. It submitted an application to the RBI on July 24, 2026, seeking regulatory relief or waiver from the requirement to obtain registration as a CIC and has initiated restructuring measures to move outside the prescribed thresholds. Employee Stock Options: During Q1FY27, 12,000 stock options were granted to employees, bringing the total outstanding options to 3,67,367 (net of forfeitures). Suresh S. Kalpathi, Executive Director & Chairman, Veranda Learning Solutions, said: “We began FY27 on a strong note, with broad-based momentum across our portfolio, led by exceptional performance in the Commerce and Government Test Preparation businesses, while our K12 segment continued to strengthen its foundation through investments in systems, partnerships and brand-building that are expected to translate into stronger growth over the coming quarters. On the financial note, we delivered a strong revenue growth of 42% on a YoY basis while our PAT outperformed, multifolding 6 times to Rs 34 crore which is up 472%. Overall enrolments during the quarter increased by 35% YoY to 1.03 lakh students, while collections grew by 27% YoY, reflecting healthy demand and robust execution across our business segments. We also made meaningful progress on our strategic priorities. The proposed Commerce demerger continues to advance as planned and remains a key milestone in unlocking long-term shareholder value. Post-demerger, both businesses will have sharper strategic focus, greater operational agility and dedicated capital allocation, enabling them to pursue their respective growth opportunities more effectively. Across the organisation, we will continue to focus on digital-led admissions, expanding university and corporate partnerships, launching high-value programmes and driving operating leverage. These initiatives, coupled with disciplined execution, position us well to deliver sustainable growth, improve profitability and create long-term value for all stakeholders." Result PDF