Image Source: Economic Times
Arihant Academy has reported a remarkable financial turnaround for FY2024-25, with revenues climbing 35% to ₹42.58 crore, up from ₹31.55 crore in the previous year. The Mumbai-based educational services provider attributed this robust growth to a combination of strategic expansion and rigorous cost optimization measures.
Key Highlights
• Revenue Growth: Revenue surged by 35% year-on-year to ₹42.58 crore, marking one of the strongest performances in the company’s recent history.
• Profitability Leap: Profit after tax nearly tripled, jumping to ₹4.45 crore in FY25 compared to ₹1.54 crore in FY24.
• Strategic Acquisitions: The company expanded its footprint across Mumbai by acquiring leading institutions such as Carmel Tuitions, Carmel Classes, Zen Education, and ZEAL, broadening its service offerings and student reach.
• Cost Optimization: Focused efforts on operational efficiency and cost-cutting contributed significantly to improved margins and profitability.
• Dividend Declaration: The Board of Directors recommended a final dividend of 10% (₹1 per equity share) for FY2024-25, reflecting strong shareholder confidence.
Outlook
With its expanded network and enhanced operational efficiency, Arihant Academy is well-positioned for sustained growth in the competitive educational sector. The company’s leadership anticipates continued momentum, leveraging its strengthened market presence and a reputation for quality coaching services. As Arihant Academy looks ahead, industry experts expect further strategic moves and innovations to drive long-term value for students and investors alike.
Source: The Economic Times, The Print, Moneycontrol
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