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CL Educate navigated a challenging Q1 with smart cost management. Despite an 11.8% revenue dip to ₹132.1 Cr, EBITDA grew 1.4% to ₹22.0 Cr, pushing margins up by 218 bps to 16.6%. The company also significantly cut its net loss by 55% to ₹(1.7) Cr. MarTech was a standout, delivering 7.0% revenue growth and a 34.7% EBITDA jump, fueled by international expansion and new blue-chip client wins.
Strategically, CL Educate is focusing on digital transformation, AI adoption, and cost optimization. They secured 9 new Digital Assessment contracts totaling ₹33.9 Cr and continue to broaden EasyApply's reach. Management expects business to pick up in Q2/Q3, noting Q1 is seasonally lighter for MarTech and Digital Assessments. Test Prep still faces headwinds from AI and free online resources.