Veranda Learning Solutions Ltd

Logic School of Management, part of the Veranda Commerce vertical led by Prof. J.K. Shah, has announced the launch of the Certified International Accounting Professional (CIAP) program in partnership with the Institute of Accountants and Bookkeepers (IAB), UK ' a globally respected body for professional accounting qualifications. Logic has trained thousands of aspirants across India for the last 2 decades and has a strong track record in International and national accounting programs like ACCA, CMA USA, CPA USA and CA education. Veranda Commerce is one of the largest commerce education verticals in India and is actively expanding its footprint. Brands under this vertical include JK Shah Classes, BB Virtuals, Navkar Digital Institute, Tapasya College of Commerce and Management, and Logic School of Management. The CIAP program features a fast-tracked, globally aligned curriculum that can be completed in just six months. It is tailored for both students and working professionals aiming to build successful careers in international accounting and finance. The program offers placement assistance through IAB, certification from the National Skill Development Corporation (NSDC), and access to bank loan facilities ' making it a practical, affordable, career-focused, and accessible pathway to rewarding careers in global finance and accounting. The first batch of the CIAP program is expected to commence by the end of June. Powered by Capital Market - Live

Net profit of Veranda Learning Solutions reported to Rs 4.84 crore in the quarter ended March 2025 as against net loss of Rs 41.00 crore during the previous quarter ended March 2024. Sales rose 11.21% to Rs 114.11 crore in the quarter ended March 2025 as against Rs 102.61 crore during the previous quarter ended March 2024. For the full year,net loss reported to Rs 247.62 crore in the year ended March 2025 as against net loss of Rs 79.71 crore during the previous year ended March 2024. Sales rose 30.17% to Rs 470.87 crore in the year ended March 2025 as against Rs 361.73 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales114.11102.61 11 470.87361.73 30 OPM %17.3420.88 -7.6314.93 - PBDT22.99-16.79 LP -49.05-15.89 -209 PBT5.33-39.34 LP -254.89-81.26 -214 NP4.84-41.00 LP -247.62-79.71 -211 Powered by Capital Market - Live

Veranda Learning Solutions will hold a meeting of the Board of Directors of the Company on 28 May 2025.Powered by Capital Market - Live

Veranda Learning Solutions announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 10 June 2025.Powered by Capital Market - Live

Veranda Learning Solutions will hold a meeting of the Board of Directors of the Company on 17 May 2025.Powered by Capital Market - Live

The Board of Veranda Learning Solutions at its meeting held on 05 May 2025 has approved the appointment of Saurani Pathan Mohasin Khan as the new Chief Financial Officer (CFO) of the company. Powered by Capital Market - Live

Veranda RACE, a Veranda Learning enterprise and a leading institute for competitive exam training and professional upskilling, announced the signing of MoU with NEMI Education to offer an IIT Indore certified Post Graduate Program in Banking, Financial Services, and Insurance (BFSI). This program is a significant step in bridging the skill gap and equipping aspiring professionals with industry-relevant expertise. As an exclusive skilling partner of IIT Indore through its skilling wing, Drishti CPS, NEMI Education designs and delivers cutting-edge skilling programs. These courses will be taught by a combination of esteemed faculty members, experienced practicing managers, and a robust technology-driven learning platform. With its extensive reach, strong presence in BFSI training, and deep understanding of the learning needs of aspirants, Veranda RACE will play a crucial role in ensuring that a wide range of students benefit from this program. Veranda RACE's proven track record in mentoring candidates through structured training programs and industry-focused learning will enable more learners across the country to acquire essential skills and advance their careers in the BFSI sector. The initial program will be Post Graduate Certificate in BFSI and delivered online, catering to a broad range of learners. With a duration of 4 to 6 months, the first cohort is tentatively set to commence on 01 May 2025. Powered by Capital Market - Live

The partnership will deliver these courses through the SWAYAM Plus platform, a digital learning initiative by India's Ministry of Education in collaboration with IIT Madras. The initial offerings are scheduled to launch in the coming months, with plans to expand into other educational domains later. Emphasizing outreach to Tier-2 and Tier-3 towns, this initiative will equip students with the tools necessary to achieve their academic and career goals. Prof. R. Sarathi, dean of planning at IIT Madras, stated, ''SWAYAM Plus is designed to make quality education accessible to all, and this collaboration with Veranda Learning will enhance the learning experience for thousands of students across domains.' Rajesh Pankaj, chief program officer of Veranda Learning, said, 'At Veranda Learning, we are committed to bridging the education divide by making quality learning accessible to all. Partnering with SWAYAM Plus enables us to extend our expertise to a broader audience, ensuring that aspirants across India receive high-quality courses across domains.' Veranda Learning Solutions, part of the Kalpathi AGS Group, is a publicly listed education technology company that offers a bouquet of training programs for competitive exam preparation, including state public service commission, banking, insurance, railways, IAS, and CA, as well as a slew of professional skilling and upskilling programs. The company reported a net loss of Rs 193.83 crore in the quarter ended December 2024, compared to a net loss of Rs 17.26 crore in the previous quarter ended December 2023. Sales rose 7.96% to Rs 99.15 crore in Q3 FY25, compared with Q3 FY24.Powered by Capital Market - Live

Veranda Learning Solutions, a listed enterprise offering end-to-end solutions in the education space, has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology (IIT) Madras. This partnership aims to deliver high-quality, accessible, and affordable education to aspirants for skill building. The initial set of courses will help students to enhance their skills for competitive exams. Under this initiative, Veranda Learning will offer a range of meticulously designed courses on the SWAYAM Plus platform'a digital learning initiative by the Ministry of Education, Government of India, in collaboration with IIT Madras. The initial offering, focused on competitive exam preparation, is scheduled to launch in the coming months, with plans to diversify into other domains later. Emphasizing outreach to Tier-2 and Tier-3 towns, this endeavour will empower students with the tools needed to achieve their academic and career goals. SWAYAM Plus unites leading academic and industry partners to deliver quality courses across various disciplines. Veranda Learning's involvement will bolster the platform's skill building segment, providing structured and effective learning pathways to thousands of students nationwide. Powered by Capital Market - Live

The company intends to acquire an additional 10.59% stake in BB Virtuals by June 2025. With these acquisitions, Veranda expects to achieve a pro forma EBITDA exceeding Rs 120 crores for FY25. BB Virtuals, founded by the renowned chartered accountant (CA) educator Bhanwar Borana, has established itself as a top-notch online platform for CA and commerce aspirants. It has trained over 200,000 students online, producing more than 500 all-India rank-holders. Navkar Digital, founded by Mr. Hiteshkumar Shah, is a well-established offline education platform for chartered accountancy (CA), company secretary (CS), and cost & management accountancy (CMA) aspirants in Gujarat. Prof. J.K. Shah, founder of JK Shah Classes, said: By bringing in BB Virtuals and Navkar Digital into the Veranda ecosystem integrating these companies with JK Shah Classes, we are building a powerful alliance that provides students pursuing commerce education with unparalleled academic support. Veranda Learning Solutions, part of the Kalpathi AGS Group, is a public listed education technology company that offers a bouquet of training programs for competitive exam preparation, including state public service commission, banking, insurance, railways, IAS, and CA, as well as a slew of professional skilling and upskilling programmes. The company had reported a net loss of Rs 193.83 crore in the quarter ended December 2024 as against net loss of Rs 17.26 crore during the previous quarter ended December 2023. Sales rose 7.96% to Rs 99.15 crore in Q3 FY25 as compared with Q3 FY24. The scrip fell 1.45% to currently trade at Rs 237.15 on the BSE. Powered by Capital Market - Live