Strategic expansion, cost efficiency boost FY25 revenue by 35%, says Arihant Academy
TIL Creatives
Synopsis
Arihant Academy reported a robust 35% revenue growth in FY2024-25, reaching Rs 42.58 crore, driven by strategic expansion and cost optimization. Profit after tax nearly tripled to Rs 4.45 crore. The company acquired institutions like Carmel Tuitions and Zen Education, enhancing service offerings and expanding its reach across Mumbai. The board recommended a 10% final dividend.
By PTI
Last Updated:
Educational services provider Arihant Academy on Friday said strategic expansion and cost optimisation measures helped the company report a strong 35 per cent growth in revenue in the last financial year.
"The company embarked on a robust expansion mode leading to acquisition of several leading institutions namely Carmel Tuitions, Carmel Classes, Zen Education, ZEAL etc. These have not only improved our service offerings but also enhanced our reach significantly across Mumbai," Kapasi said.
For the full year FY2024-25, revenue rose by 35 per cent to Rs 42.58 crore compared to Rs 31.55 crore in the previous fiscal year. Profit after tax jumped nearly three-fold Rs 4.45 crore in FY25 against Rs 1.54 crore in FY24.
The Board of Directors recommended a final dividend of 10% (₹1 per equity share) for FY2024-25.
Arihant Academy specialises in coaching services and comprehensive educational support across Mumbai, and Maharashtra.
ADVERTISEMENT
Anil Kapasi, Co-Founder and Managing Director of Arihant Academy said that the company saw a significant improvement in profitability on the back of focused cost-optimization measures and operational efficiency."The company embarked on a robust expansion mode leading to acquisition of several leading institutions namely Carmel Tuitions, Carmel Classes, Zen Education, ZEAL etc. These have not only improved our service offerings but also enhanced our reach significantly across Mumbai," Kapasi said.
For the full year FY2024-25, revenue rose by 35 per cent to Rs 42.58 crore compared to Rs 31.55 crore in the previous fiscal year. Profit after tax jumped nearly three-fold Rs 4.45 crore in FY25 against Rs 1.54 crore in FY24.
The Board of Directors recommended a final dividend of 10% (₹1 per equity share) for FY2024-25.
Arihant Academy specialises in coaching services and comprehensive educational support across Mumbai, and Maharashtra.
(You can now subscribe to our Economic Times WhatsApp channel)
