Veranda Learning Solutions Limited — Updates, 05-08-2025: Press Release

Veranda Learning (VERANDA) kicked off FY26 with robust Q1 performance. Revenue rose 17% YoY to INR 139 Cr, driven by organic growth. EBITDA soared 98% YoY to INR 55 Cr, with margins expanding significantly to 40% from strong operating leverage and cost discipline. A positive PAT of INR 6 Cr marks a sharp 123% YoY turnaround. Strategic moves include a successful INR 357 Cr QIP, with most funds clearing high-interest debt in the Commerce vertical, making it debt-free. A demerger of the Commerce segment is planned for focused growth. Management remains confident on FY26 guidance.