Results of Byju's Declared, Revenue up at Rs 3569 crore

Think and Learn Private Limited, the parent company of Byju's has reported surge of revenue up to Rs 3569 crore.

The revenue last year was Rs 1552 crore, which this year increased to about 2.3x.

The EBITDA loss decreased from Rs 2406 crore to Rs 2253 crore this year.

The company's Founder and group CEO, Byju Raveendran said, "humbled by the lessons learned un the post-pandemic world of readjustments."

The company currently is dealing with a cash crunch.