CL Educate Limited — Board Meeting, 14-05-2025: Outcome of Board Meeting

CL Educate has announced a board meeting approving the audited financial results for the quarter and half-year, backed by unqualified auditor opinions. The company reappointed Walker Chandiok & Co as statutory auditors for five years and brought in new secretarial, internal, and cost auditors. It completed the acquisition of DEXIT Global Limited, gaining over 20% share in India’s digital assessments space with ₹358 Cr revenue and 15% growth in FY25. To avoid conflicts, CL Educate exited Engineering, Medical, CA, and Bank-SSC segments, booking an extraordinary loss of about ₹9.3 Cr. EBITDA margins held steady around 6%, while cash EPS from continuing ops remained negative amid restructuring.