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Decoding Byju's FY21 Balance Sheet
Byju's saw an operational cash burn of over Rs 3,400 crore in FY21.
16 Sep 2022, 08:49 AM IST ![NDTV Profit](/icons/feather-without-circle.svg)
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![Decoding Byju's FY21 Balance Sheet](https://media.assettype.com/bloombergquint%2F2022-09%2F31ca1154-b0bc-4f8d-a4b8-ca0c18f341da%2FByju_s.png?auto=format%2Ccompress&w=200)
A thirteen-fold widening loss at Byju’s (Think & Learn Pvt.) for the financial year 2020-21 underpins the challenges it faces in its operations. The audited results signed off on Aug. 30 by co-founders Byju Raveendran and Divya Gokulnath and audited by Deloitte Haskins & Sells reveal how the aggressive acquisition-led growth is posing a challenge for the edtech major, which will now have to consolidate its operations before pushing t...
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