Outcome of the Board Meeting held on May 30, 2026.
VERANDA · price
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Veranda Learning Solutions Limited reported audited consolidated financial results for FY2026. Total revenue from operations grew 34.6% to Rs. 48,151.06 Lakhs from Rs. 35,772.95 Lakhs in FY2025. The company achieved a remarkable turnaround with consolidated profit after tax of Rs. 12,885.74 Lakhs compared to a net loss of Rs. 21,373.11 Lakhs in the previous year. Total comprehensive income stood at Rs. 12,975.11 Lakhs versus loss of Rs. 25,169.19 Lakhs. EPS improved significantly to Rs. 11.72 from negative Rs. 30.35. Exceptional items of Rs. 8,610.26 Lakhs contributed to the turnaround. The auditor Deloitte Haskins & Sells issued an unmodified opinion with no qualifications. Total liabilities decreased from Rs. 162,334 Lakhs to Rs. 87,384 Lakhs, though non-current borrowings increased from Rs. 25,692 Lakhs to Rs. 95,836 Lakhs.
The company has shown strong operational recovery with 34.6% revenue growth and return to profitability after significant losses. The clean audit opinion provides assurance, but the increased borrowings and high contingent liabilities warrant monitoring.