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BYJU’S has reduced its consolidated loss to Rs 8.82 crore

Online education startup BYJU’S has reduced its consolidated loss to Rs 8.82 crore, while registering a manifold increase in revenue from operations, according to regulatory documents.

Think & Learn Pvt Ltd, the entity that runs BYJU’S, reduced its loss to Rs 8.82 crore in the fiscal ended March 2019 from a loss of Rs 37.15 crore in FY18, documents sourced by Paper.vc showed. Revenue from operations also increased to Rs 1,305.92 crore in FY19 from Rs 471.18 crore in FY18, it added.

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