BYJU’s core business operational loss narrows to Rs 2,253 cr in FY22

Educational technology company Think and Learn Private Ltd, operating under the brand BYJU’s, announced a reduction in operational losses for its core business during the 2021-22 fiscal year. The EBITDA, which represents the operational loss in the core business, decreased from Rs 2,406 crore in the previous year to Rs 2,253 crore, according to the company. The primary focus of the company involves its K12 educational offerings, applications, and tuition centers. BYJU’S reported that its core business revenue experienced substantial growth.

Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News