InvestorQ : Is Byju’s serious when it talks of getting into profits shortly?
Juvina Maggie made post

Is Byju’s serious when it talks of getting into profits shortly?

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Deepa Salunkhe answered.
2 weeks ago
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After the big loss in FY21, Byju’s informed employees that it was targeting $2 billion revenues and turnaround to profits soon. Byju Raveendran confirmed that Byju’s had been clocking Rs1,000 crore sales each month over last 5 months. Byju’s had attributed the delay in filing FY21 results to change in revenue recognition policies and consolidation of various acquisition deals during the year.

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