LEAD plugs losses in FY23 as revenue grows 2X to Rs 273 Cr
Edtech unicorn LEAD has achieved a two-fold growth in revenue while simultaneously reducing expenses by over 14% in the fiscal year ending March 2023. To put this into perspective, LEAD had a similar growth trajectory in the previous fiscal year but losses had soared three-fold. LEAD’s operating income in FY23 jumped to Rs 273.2 crore as compared to Rs 132.37 crore in FY22, according to the company’s filings with the Registrar of Companies.
#Lead #Fintrackr #Startup #News #StartupNews
https://entrackr.com/2023/09/lead-plugs-losses-in-fy23-as-revenue-grows-2x-to-rs-273-cr/
Edtech unicorn LEAD has achieved a two-fold growth in revenue while simultaneously reducing expenses by over 14% in the fiscal year ending March 2023. To put this into perspective, LEAD had a similar growth trajectory in the previous fiscal year but losses had soared three-fold. LEAD’s operating income in FY23 jumped to Rs 273.2 crore as compared to Rs 132.37 crore in FY22, according to the company’s filings with the Registrar of Companies.
#Lead #Fintrackr #Startup #News #StartupNews
https://entrackr.com/2023/09/lead-plugs-losses-in-fy23-as-revenue-grows-2x-to-rs-273-cr/
LEAD plugs losses in FY23 as revenue grows 2X to Rs 273 Cr
Edtech unicorn LEAD has achieved a two-fold growth in revenue while simultaneously reducing expenses by over 14% in the fiscal year ending March 2023. To put this into perspective, LEAD had a similar growth trajectory in the previous fiscal year but losses had soared three-fold. LEAD’s operating income in FY23 jumped to Rs 273.2 crore as compared to Rs 132.37 crore in FY22, according to the company’s filings with the Registrar of Companies.
#Lead #Fintrackr #Startup #News #StartupNews
https://entrackr.com/2023/09/lead-plugs-losses-in-fy23-as-revenue-grows-2x-to-rs-273-cr/
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