Byju's FY22 Consolidated Revenue Misses Guidance, Loss Swells To Over Rs 8,000 Crore

Byju's aggressive pandemic-era expansion started weighing down its business from the very next year as the bets didn't pay off the way it had expected.Parent Think & Learn Pvt. posted a consolidated revenue from operations of Rs 5,015 crore in FY22, according to numbers shared with NDTV Profit by people familiar with the matter. While revenue rose from FY21's Rs 2,280.2 crore, it missed the company's own guidance of Rs 10,000 crore. ...