CL Educate Limited — Board Meeting, 14-05-2025: Outcome of Board Meeting
14-05-2025 | 09:19 pm
14-05-2025 | 09:19 pm
CL Educate has announced a board meeting on which it approved the financial results for the quarter and half-year, posting consolidated revenue of ₹358 Cr, up 15% YoY. The boost came from February’s acquisition of DEXIT Global, enhancing its digital assessment portfolio and opening a ₹300-400 Cr+ market in exams like JEE, NEET, and Bank-SSC. The company exited its own coaching lines for these exams in India, leading to a ₹9.33 Cr loss from discontinued operations. Operating EBITDA margin held steady at 6%. Governance strengthened with Walker Chandiok & Co re-appointed as auditors and new internal and cost auditors onboarded.
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