Edtech giant BYJU’S is set to unveil its financial results for the 2021-22 fiscal year this week after an extended delay. A spokesperson for BYJU explained that the audit process for all group subsidiaries has been completed, with Think and Learn Private Ltd, the parent company, expected to adopt the consolidated results.
This delay was to account for certain positive developments in the company.
The Bengaluru-based company was originally scheduled to submit its audited financial statements for FY22 by September. However, on September 30, it announced that the FY22 earnings report would be forthcoming in the second week of October.
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BYJU’S has missed the official deadline for submitting its FY22 financial results to the Ministry of Corporate Affairs, which private companies are obligated to do by September 30 of the following fiscal year.
