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Veranda Learning Solutions, the Chennai-based education company, reported a consolidated PAT of ₹97.9 crore for the second quarter ended September 30, 2025, as against a net loss of ₹27.3 crore in the corresponding quarter last year. Revenue was up 20 per cent to ₹127 crore (₹106 crore). The increase in PAT in the September quarter was supported by a non-cash gain of ₹133.3 crore from the sale of the company’s vocational segment. Adjusted PAT for the quarter stood at ₹23.3 crore. For the half year ended September 2025, the company posted revenues of ₹232 crore, a 20 per cent increase from the ₹193 crore it posted in the same period last year. In terms of its segments, Veranda Learning Solutions posted an 8 per cent year-on-year (y-o-y) decline in its academic vertical while the Government Test Prep vertical saw an uptick of 1 per cent y-o-y. The Commerce Test Prep vertical posted huge gains going up 68 per cent from ₹51 crore in Q2FY25 to ₹86 crore in Q2FY26. “We have completed the first half of the year with strong momentum, driven by consistent growth in student enrolments, expansion of course offerings, and the successful launch of new programs across both online and offline platforms. All our business segments delivered strong results, and with the completion of the approval of commerce demerger and vocational divestment, we are now better positioned to strengthen and scale our core verticals- Academics and Government Test Preparation,” Suresh S Kalpathi, Executive Director and Chairman of Veranda Learning Solutions, said in a statement. Looking ahead to Q3, the company’s priorities include enhancing faculty capabilities, accelerating digital-led admissions, deepening partnerships with universities and corporates, introducing high-value courses, and optimising marketing efforts, he added. During the quarter, the company also raised ₹357 crore through Qualified Institutional Placements(QIP), from which around 87 per cent was used to repay high interest debt, making the commerce vertical debt-free and enabling investment in tech and operations, the company said in a statement. Published on October 28, 2025
