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Byju's Posts Gross Revenue Of Rs 100 Billion In 2021-22

Reuters
Revenue for the first four months of this fiscal year stood at 45.30 billion rupees.

Tiger Global-backed edtech startup Byju's on Wednesday reported gross revenue of nearly 100 billion rupees ($1.26 billion) in fiscal year 2022, after posting a revenue of 24.28 billion rupees in the previous year.

Tiger Global-backed edtech startup Byju's on Wednesday reported gross revenue of nearly 100 billion rupees ($1.26 billion) in fiscal year 2022, after posting a revenue of 24.28 billion rupees in the previous year.

Revenue for the first four months of this fiscal year stood at 45.30 billion rupees.

Further, the company said almost 40% of its revenue in fiscal year 2021 was deferred to subsequent years due to adoption of a new revenue recognition.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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