SoftBank-backed ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/eruditus” target=”_blank”>Eruditus’ ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/revenue-growth” target=”_blank”>revenue growth slowed to 12% in its last financial year, but its operating loss narrowed to a sixth from the previous year, as the ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/executive-education” target=”_blank”>executive education startup sought to balance business expansion and profitability, its founder and chief executive said.
The company posted revenue of Rs 3,733 crore for its financial year ended June 30, 2024, Ashwin Damera told ET. In the previous fiscal year, its revenue had grown 63% to Rs 3,280 crore. Loss before interest, taxes, depreciation and amortisation ( ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/ebitda-loss” target=”_blank”>Ebitda loss) narrowed to Rs 69…
