Q1FY27 Revenue Surges 42% YoY to ₹150 Crs becomes sixth consecutive PAT positive Quarter; Q1FY27 PAT Rises 472% YoY to ₹34 Crs
Chennai (Tamil Nadu) [India], August 18: Veranda Learning Solutions Limited, a publicly listed Education company (BSE: 543514, NSE: VERANDA) and a pioneer in the industry offering end-to-end Education services and solutions, announced its financial results for the quarter ended June 30th, 2026.
Overall Theme for Q1 FY27 – broad-based momentum across nearly every brand, with Commerce and Govt Test Prep delivering the sharpest numbers, and K-12 laying groundwork (systems, partnerships, brand) that should show up in growth later. Overall enrolments for the quarter grew by 35% to 1.03L, and collections increased by 27%, highlighting strong growth across all segments.
Financial Snapshot – Yet another PAT-positive quarter
- Total Enrollments in Q1FY27: 1,03,963
- Q1FY26: 130
- Q1FY27: 165
- Q1FY27 collections: (Amt in Crs.)
Financial Performance
| Particulars (Rs. cr) | Q1 FY27 | Q1 FY26 | Y-o-Y | Q4 FY26 | Q-o-Q |
|---|---|---|---|---|---|
| Revenue from Operations | 149.5 | 105.7 | 42% | 132.4 | 13% |
| Gross Profit | 94.6 | 69.5 | 36% | 90.1 | 5% |
| Gross Profit Margin (%) | 63% | 66% | 68% | ||
| Other Income | 1.9 | 17.3 | -89% | 7.5 | -74% |
| Advt & Business Promotion | 8.7 | 5.4 | 61% | 5.1 | 70% |
| Corporate Costs | 5.0 | 9.5 | -47% | 6.9 | -27% |
| Other Expenses | 28.6 | 22.7 | 26% | 30.7 | -7% |
| ESOPs/RSU | 0.4 | 0.4 | 6% | 0.4 | 1% |
| EBITDA | 53.8 | 48.8 | 10% | 54.5 | -1% |
| Exceptional Item | – | – | – | -4.1 | -100% |
| Share from Associate | 1.9 | 3.2 | -41% | 3.0 | -38% |
| Rent as per IND AS | 10.0 | 10.9 | -8% | 9.4 | 6% |
| Finance Cost | 8.1 | 26.2 | -69% | 12.3 | -34% |
| Depreciation | 7.2 | 7.4 | -4% | 8.0 | -10% |
| Tax Expenses | -3.5 | 1.6 | -322% | 8.0 | -1.43 |
| PAT | 33.9 | 5.9 | 472% | 15.7 | 116% |
Key Consolidated Financial Highlights:
- Revenue from operations for Q1FY27 stood at INR 150 Cr, up 42% YoY supported by strong business momentum. Gross profit increased 36% YoY to INR 95 Cr, with gross margins of 63%
- Strong operational performance during the quarter drove EBITDA to INR 54 Cr, registering an 10% YoY growth and reflecting continued operating leverage and disciplined cost management.
- For Q1 FY27, PAT multiplied on a YoY basis, reporting a jump of 472% in PAT to INR 34 Cr.
Segmental Performance
| Particulars (Rs.Cr) | Q1 FY27 | Q1 FY26 | Y-o-Y | Q4 FY26 | Q-o-Q |
|---|---|---|---|---|---|
| Operating Revenue | |||||
| Academic | 12.2 | 10.0 | 22% | 8.2 | 49% |
| Commerce TP | 108.6 | 71.0 | 53% | 94.2 | 15% |
| Government TP | 32.5 | 23.0 | 41% | 28.6 | 14% |
| EBITDA | |||||
| Academic | 9.2 | 6.0 | 53% | 7.3 | 26% |
| Commerce TP | 42.6 | 27.0 | 58% | 53.5 | -20% |
| Government TP | 4.0 | 0.0 | 4.0 |
Key highlights during Q1FY27
1) Commerce Test Prep:
- Offline: 28 All India Ranks and 150+ UK ACCA enrolments (60% of full-year target) – strongest exam and enrolment quarter yet.
- Online: 82% YoY growth in enrolments/orders, with 135+ All India Rankers in CA Final/Inter.
- Managed Colleges: 17,340 enrolments (+8.6% YoY); 90% of budgeted revenue achieved.
2) Government Test Prep:
- Best-ever quarter – 15,724 admissions (+28% YoY), led by TNPSC (+52%) and Railways (+100%).
3) Academics (K12):
- 5,450 admissions for AY26-27; Veranda Future School launched and Times of India ‘Edu Icons’ award won.
What Lies ahead?
1) Commerce Segment
- Offline: 250+ ACCA target with Gold Partner accreditation (60% there); 15 new offline locations planned.
- Online: CPA, FRM & US CMA global courses launching by quarter-end, with a cross-course sales push.
- Managed Colleges: 6 new branches (Hyderabad & Bengaluru); CLAT/IPMAT ecosystem build-out begins.
2) Government Test Prep
- 7 new centres (network grows 38→45); Karnataka/Telugu launch and 240+ placement target.
3) Academic Segment – K12
- Expansion scouting in Thaiyur & Trichy; Academic Audit and FY27-28 fee structure finalised.
Veranda Learning Solutions – Management Statement on Q1FY27 Performance
Mr. Suresh S. Kalpathi, Executive Director and Chairman of Veranda Learning Solutions, said, “We began FY27 on a strong note, with broad-based momentum across our portfolio, led by exceptional performance in the Commerce and Government Test Preparation businesses, while our K12 segment continued to strengthen its foundation through investments in systems, partnerships and brand-building that are expected to translate into stronger growth over the coming quarters.
On the financial note, we delivered a strong revenue growth of 42% on a YoY basis, while our PAT outperformed, multiplying 6 times to INR 34 cr, which is up 472%. Overall enrolments during the quarter increased by 35% YoY to 1.03 lakh students, while collections grew by 27% YoY, reflecting healthy demand and robust execution across our business segments.
We also made meaningful progress on our strategic priorities. The proposed Commerce demerger continues to advance as planned and remains a key milestone in unlocking long-term shareholder value. Post-demerger, both businesses will have sharper strategic focus, greater operational agility and dedicated capital allocation, enabling them to pursue their respective growth opportunities more effectively.
Across the organisation, we will continue to focus on digital-led admissions, expanding university and corporate partnerships, launching higher-value programmes and driving operating leverage. These initiatives, coupled with disciplined execution, position us well to deliver sustainable growth, improve profitability and create long-term value for all stakeholders.”
About Veranda Learning Solutions
Veranda Learning Solutions is a leading provider of educational services in India, offering K-12 education, test preparation, vocational training, and professional certifications. The company combines online and offline models for scalable, efficient growth and is committed to empowering individuals for global career opportunities.
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