Veranda Learning Solutions Limited has informed the Exchange regarding a press release dated March 24, 2026, titled "Veranda RACE crosses ₹100 crore revenue & 5 Lakh cumulative enrolments".
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Veranda Learning's government exam coaching vertical, Veranda RACE, has crossed ₹100 crore in revenue and surpassed 5 lakh cumulative student enrolments since its launch in 2012. The vertical added around 50,000 students in the past year, its highest-ever annual intake, split across 37,000 offline learners, 12,000 online learners, and nearly 1,000 residential students. Revenue has more than doubled from ₹51 crore in FY 2022-23 to over ₹100 crore in FY 2025-26, supported by 40+ branches across Tamil Nadu, Kerala, and Karnataka. The company also reported that 2,754 Veranda RACE students cleared government examinations in banking, SSC, railways, TNPSC, Kerala PSC, and TNTET categories. Note: the revenue figures are unaudited and based on internal management accounts.
Positive milestone for Veranda Learning — shows strong scaling of its government exam coaching business and validates its multi-vertical education strategy. Could boost investor sentiment, though the figures are pre-audit and the company explicitly disclaims them as not being forward guidance.