Education services provider Veranda Learning Solutions reported a surge in third-quarter profit on Friday, as a sharp rise in student enrollments and a strategic focus on cost optimisation under its “Veranda 2.0” restructuring plan bolstered the bottom line. This strategic pivot marks a transition from the company’s “Veranda 1.0” phase, which was characterised by rapid acquisitions and expansion to build a unified technology stack across diverse learning formats.The Chennai-based company , which offers services ranging from K-12 education to professional certifications, saw its net profit jump 110% to Rs 17 crore for the quarter ended Dec. 31, 2025, up from the same period a year earlier. This performance was underpinned by a 52% increase in revenue from operations, which reached Rs 117 crore, driven primarily by robust demand in the government test preparation and commerce verticals.The company’s operational efficiency initiatives, including process standardisation and resource optimisation, led to a 328% surge in EBITDA to Rs 53 crore, while gross profit margins remained strong at 65%. “All business segments delivered healthy growth during the period. With the approval of the commerce demerger and completion of the vocational divestment, we are now better positioned to sharpen focus and scale our core verticals-… Read MoreYourStory RSS Feed
