ALPHA TRIBE

Arihant Academy LimitedBoard Meeting, 29-05-2025: Outcome of Board Meeting

29-05-2025 | 08:58 pm

Arihant Academy has announced a board meeting on which it approved the audited standalone and consolidated financial results for FY25. Consolidated revenue rose to Rs 42.51 Cr with a net profit of Rs 4.38 Cr, signaling healthy growth. The board declared a final dividend of Rs 1 per share. Strategically, the company acquired education services from Carmel Tuitions, Carmel Classes, and Team Carmel Academy LLP via slump sales, adding goodwill valued at Rs 2.89 Cr. New auditors were appointed for FY26, and audit reports were clean.

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