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/
ENTRACKR.COM
LEAD plugs losses in FY23 as revenue grows 2X to Rs 273 Cr
LEAD bouquet of services also includes platform solutions, which saw a 3.3x growth to Rs 69.47 crore in FY23 from Rs 20.74 crore in FY22.
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