ALPHA TRIBE

CL Educate LimitedOthers, 07-08-2025: Appointment

07-08-2025 | 07:46 pm

CL Educate's board has approved the appointment of Mr. Yatrik Vin as an Independent Director and proposed the re-appointment of key executive directors Mr. Satya Narayanan R, Mr. Gautam Puri, and Mr. Nikhil Mahajan, all pending shareholder approval. The company also renewed its ESOP Plan, granting up to 35,000 options to employees. Consolidated Revenue from Operations for the quarter surged 56% to ₹145.68 Cr, with Operating EBITDA up 66% to ₹17.50 Cr. Despite this strong operational growth, a Net Loss of ₹3.71 Cr was reported, mainly due to higher finance costs and depreciation from the DEXIT acquisition. DEXIT's significant revenue contribution of ₹56.20 Cr helped cushion these impacts.

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