Q1 FY27 loss of Rs 221.21 lakhs vs profit YoY amid legal troubles
TREEHOUSE · price
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Tree House Education posted a Q1 FY27 loss of Rs 221.21 lakhs vs a profit of Rs 10.43 lakhs YoY. Revenue fell to Rs 114.98 lakhs from Rs 143.72 lakhs. Total expenses surged to Rs 423.45 lakhs from Rs 128.56 lakhs, driven by other expenses jumping to Rs 289.27 lakhs. The auditor flagged an ongoing Mumbai Police forensic audit for FY 2011-12 to 2017-18, an FIR and director arrests in Vadodara, and a Rs 136.18 crore unrefunded Mira Education Trust deposit. A new internal auditor was appointed.
Sharp swing to losses, surging expenses, ongoing legal cases, and large unrefunded deposits signal serious financial distress for shareholders.