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Byju's FY22 results: Losses balloon to Rs 8,245 crore - details here | India Business News

India Business News: Byju’s FY22 results: Byju’s parent company, Think & Learn, has submitted its audited financials for the fiscal year 2022 to the registrar of companies (RoC). The operating revenue for FY22 was reported at Rs 5,014 crore, with losses reaching Rs 8,245 crore. Byju’s total revenue, according to regulatory filings, was nearly Rs 5,300 crore. The operating revenue of Byju’s witnessed a growth of 119% in FY22, while losses saw an increase of 80% during the same period, according to an ET report. ....

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Byju's Shareholders Approve Fiscal 2022 Financials And Re-Appoint Auditor At AGM

Shareholders of Think & Learn, the parent company of Byju’s, approved the company’s results for the financial year 2022 during its annual general meeting that was marred by interruptions and protests. ....

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Byju's founder Raveendran pledges homes to raise funds for staff salaries, ET RealEstate

The company is fighting to keep afloat amid financial pressures, including a legal battle with creditors over a missed interest payment on a $1.2 billion term loan. Raveendran has raised personal debts of $400 million and plowed back $800 million into the company. ....

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