Veranda Learning's RACE Enterprise Surpasses ₹100 Crore Revenue Milestone
Veranda Learning Solutions has announced a significant achievement for its education enterprise, Veranda RACE. The company's revenue has now surpassed ₹100 crore for the fiscal year 2025-26.
This figure represents more than double the ₹51 crore revenue recorded in the fiscal year 2022-23, highlighting strong year-over-year growth.
Student Growth and Outcomes
Veranda RACE also achieved its highest-ever annual intake, welcoming 50,000 new students. Since its inception in 2012, the enterprise has cumulatively enrolled over 5 lakh students. Additionally, 2,754 students successfully cleared government examinations through the company's programs.
Why This Milestone Matters
Crossing the ₹100 crore revenue mark is a key indicator of Veranda Learning's expanding market presence and the effectiveness of its educational offerings, particularly in the competitive government job exam preparation segment. The substantial increase in student intake and cumulative enrollments reflects growing trust and demand for its learning solutions.
About Veranda Learning
Veranda Learning Solutions provides accessible and quality education across exam preparation, professional upskilling, and K-12 segments. Veranda RACE, its government job exam preparation enterprise, is a core component of its growth strategy.
Expansion Plans
Looking ahead, Veranda Learning Solutions plans to leverage this momentum by strengthening its presence in key South Indian markets, specifically Kerala and Karnataka. A primary focus for expansion will be the 'Practice Village' residential program, designed for intensive preparation. The company also aims to enhance the quality and reach of its online learning experiences to cater to a wider student base.
Peer Comparison
While Veranda Learning operates in the broader EdTech space, direct listed peers with similar revenue scales and focus are limited. Info Edge (India) Ltd has education interests through Shiksha.com, though it is a diversified internet company. Nazara Technologies Ltd, primarily a gaming company, operates in the broader digital media and entertainment space, which shares user engagement aspects with EdTech.
What to Track Next
Investors await the official Board of Directors' approval for the quarterly and annual results for the period ending March 31, 2026. Further details are expected upon the official announcement and subsequent board approval.