menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

Eruditus F...
source image

Economic Times

2w

read

339

img
dot

Image Credit: Economic Times

Eruditus FY24 Ebitda loss narrows, founder cites focus on profitability

  • Eruditus, the executive education startup, reported a 12% revenue growth in its last financial year, reaching Rs 3,733 crore.
  • The company's operating loss (Ebitda loss) narrowed to Rs 69 crore, compared to Rs 417 crore in the previous year.
  • The focus on reducing marketing expenses and discontinuing underperforming courses contributed to the Ebitda improvement.
  • Eruditus aims for 15% growth in FY25, targeting around Rs 4,500 crore in revenue, driven by its enterprise and India businesses.

Read Full Article

like

20 Likes

For uninterrupted reading, download the app