Outcome of BM held on May 13, 2026
CLEDUCATE · price
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CL Educate Limited held its Board Meeting on May 13, 2026, where it approved the appointment of Internal Auditors and Cost Auditors for FY 2026-27. The Board also approved the Audited Financial Results (Standalone and Consolidated) for Q4 and Financial Year ended March 31, 2026. Standalone results show a loss before tax of Rs. 3,217.57 Lacs compared to a loss of Rs. 405.78 Lacs in FY2025, representing a significant deterioration. Loss per share (continuing operations) stands at Rs. 4.32 versus Rs. 0.76 in the previous year. Revenue from operations declined to Rs. 27,528.14 Lacs from Rs. 28,902.22 Lacs. Statutory auditors Walker Chandiok & Co LLP gave an unmodified opinion. The company also noted a GST demand of Rs. 1,686.59 Lacs related to a former subsidiary (CL Media) and another demand of Rs. 1,281 Lacs related to supply of books as part of coaching services.
The company reported a significant widening of losses year-on-year, which may weigh on investor sentiment. However, the clean audit opinion and routine auditor appointments indicate no governance concerns. The pending GST litigations remain a contingent liability.