VERANDA Veranda Learning Solutions Q2 FY26 results (Jul–Sep 2025) and concall
Veranda Learning Solutions reported a strong Q2 FY26 with revenue up 20% YoY to ₹127 crores and adjusted PAT surging 185% YoY to ₹23.3 crores. The quarter was marked by significant strategic realignments, including the demerger of the commerce vertical into a debt-free entity and the divestment of the vocational segment, positioning the company for sustained profitability and global expansion. Management provided optimistic FY26 guidance for the combined entity, projecting ₹650 crores in revenue and ₹170 crores in EBITDA, while also detailing future growth plans for the demerged businesses.
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What they filed
Q2 FY26: revenue up 19.8%, net profit up 400.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 106 | 99 | 87 | 106 | 127 +20% |
| EBITDA | 28 | -33 | 18 | 32 | 46 +64% |
| Net profit | -32 | -203 | 8 | 6 | 96 +400% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
