CL Educate

CL Educate Limited reported consolidated revenue growth of 58% year-on-year to Rs 149.84 crores in Q1 FY26, driven primarily by the integration of DEXIT Global (formerly NSEIT). Operating EBITDA increased 66% to Rs 17.5 crores. However, the company posted a net loss of Rs 3.71 crores compared to a profit of Rs 4.2 crores in the same quarter last year, primarily due to increased finance costs of Rs 12.7 crores from the Rs 200 crore loan taken for the DEX acquisition. DEXIT Global showed strong performance with revenue growing 54% to Rs 59.2 crores and EBITDA more than doubling to Rs 12.8 crores. The MarTech division recorded modest 7% revenue growth to Rs 37.2 crores, while EdTech revenues declined marginally due to market shifts toward self-preparation models in the MBA segment. The company executed over 17 lakh assessments in the quarter and signed new contracts worth Rs 53 crores including deals with AYUSH Ministry, IIBF, and NISM. Management expects the finance costs and depreciation impacts to ease in coming quarters as the acquired assets begin delivering value.

CL Educate Limited reported consolidated revenue growth of 58% year-on-year to ₹149.8 crores in Q1 FY26, driven largely by its DEX business segment. The company's consolidated operating EBITDA increased 66% to ₹17.5 crores. However, the company posted a consolidated net loss of ₹3.7 crores compared to a profit in the previous year, primarily due to increased finance costs of ₹12.7 crores and higher depreciation from intangible assets creation. The DEX segment showed strong performance with revenue up 54% to ₹59.2 crores and EBITDA jumping 124% to ₹12.8 crores. The EdTech division faced challenges with revenue declining 11% to ₹60.1 crores and EBITDA dropping 33% to ₹6.4 crores due to structural changes in student preparation habits. The MarTech segment reported 7% revenue growth to ₹37.2 crores. DEX conducted over 17 lakh assessments and secured new contracts with clients including Ayush, IIBF, UIDAI, and Meazure Learning.

CL Educate Limited announced its quarterly results for the period ended June 30, 2025, showing consolidated revenue from operations growing 56% year-over-year to ₹145.68 crore. Operating EBITDA increased 66% to ₹17.50 crore. However, the company reported a consolidated net loss of ₹3.71 crore, primarily due to increased finance costs (₹12.76 crore vs ₹0.72 crore in Q1 FY25) and depreciation expenses (₹8.74 crore vs ₹4.13 crore in Q1 FY25) related to the DEXIT Global acquisition completed in February 2025. The Board approved several key appointments including Mr. Yatrik Vin as Additional Independent Director for a 5-year term, and re-appointments of senior executives including Chairman Satya Narayanan R, Vice-Chairman Gautam Puri, and Executive Director Nikhil Mahajan for 3-year terms starting April 2026. The company also approved renewal of its employee stock option plan and granted up to 35,000 options to employees. DEXIT's revenue grew 55% to ₹56.20 crore with operating EBITDA of ₹9.85 crore. The company discontinued certain product offerings to avoid conflict of interest with DEXIT's examination business, recognizing a loss of ₹97.27 lacs from discontinued operations.