Veranda Learning Solutions Limited has announced strong financial results for Q2FY26, with revenue up 20 per cent year-on-year to Rs 126.7 crore and PAT surging 185 per cent to Rs 23.3 crore. EBITDA rose 63 per cent YoY to Rs 48.3 crore, supported by improved operational efficiency and higher enrolments.
The company recorded a 26 per cent rise in collections driven by new high-value courses and an additional 45,000 student enrolments. Strategic measures like cost optimisation and resource integration helped expand EBITDA margins to 38 per cent.
During the quarter, Veranda completed the redemption of Rs 315 crore in NCDs and divested its vocational segment, yielding a one-time gain of Rs 133 crore. The company also successfully raised Rs 357 crore through a Qualified Institutional Placement (QIP), with 87 per cent used to repay high-interest debt, making its commerce vertical debt-free.
Under its “Veranda 2.0” strategy, the company demerged its commerce brands into JK Shah Commerce Education Ltd, India’s leading commerce test prep brand, and continues to scale its academic and government test prep verticals.
Suresh S. Kalpathi, Executive Director and Chairman, Veranda Learning, said, “Our strong Q2 and H1 FY26 performance reflects operational excellence, course expansion, and efficient cost management. With demerger and divestment completed, we are now positioned to strengthen our core verticals and sustain profitable growth.”
Veranda Learning continues to focus on digital-led admissions, university collaborations, and new course offerings to sustain momentum and enhance long-term value creation.
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