Please find the enclosed disclosure.
VERANDA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Veranda Learning Solutions reported strong FY26 results with revenue of ₹482 Cr, up 35% YoY, and Q4 revenue of ₹132 Cr, up 52% YoY. EBITDA surged 135% to ₹204 Cr, reflecting operating leverage and cost discipline. The company achieved its first full-year PAT-positive result of ₹129.7 Cr, a sharp turnaround from a loss of ₹251.6 Cr in FY25. Gross margins improved to 68% in Q4FY26. Enrolments grew 21% YoY to 2.57 lakh learners. The commerce demerger has received NCLT-directed shareholder approval and is expected to complete by mid-July 2026, creating a separately listed JK Shah Commerce entity.
The company has delivered a dramatic turnaround from losses to profitability, with 35% revenue growth and 135% EBITDA growth, signaling strong execution. The upcoming commerce demerger could unlock value for shareholders through the 1:1 share allotment and focused capital allocation.