CL Educate Limited — Board Meeting, 07-08-2025: Outcome of Board Meeting
07-08-2025 | 08:15 pm
07-08-2025 | 08:15 pm
CL Educate's board has approved the financial results for the quarter ended June 30, 2025. Consolidated revenue from operations surged 56% year-over-year to ₹145.68 crore, with operating EBITDA up 66% to ₹17.50 crore. Despite this strong operational growth, the company reported a net loss of ₹3.71 crore, primarily due to increased finance costs (₹12.76 crore) and depreciation (₹8.74 crore) from the DEXIT (DEX) acquisition, which itself contributed ₹56.20 crore in revenue. The board also appointed Mr. Yatrik Vin as a new Independent Director and re-appointed key executives. Renewal of the ESOP plan and a grant of options to employees were approved.
No comments yet. Be the first to comment!
