Crizac Limited reported a 41% year-on-year increase in consolidated net profit to ₹2,191 Mn for the financial year ended March 31, 2026. Revenue from operations for the year grew to ₹10,711 Mn from ₹8,855 Mn in the previous year, driven by a 43% surge in applications processed. The company's EBITDA margin expanded by 172 basis points to 27.1% for FY26, reflecting improved operational efficiency. The board approved the audited results at a meeting held on May 25, 2026.

Consolidated Financial Performance

For the quarter ended March 31, 2026, the company reported a consolidated net profit of ₹750 Mn, compared to ₹499 Mn in the corresponding period of the previous year. Revenue from operations for the quarter stood at ₹3,986 Mn, up from ₹3,475 Mn in Q4 FY25. Total income for the quarter rose to ₹3,986 Mn. The statutory auditors, M/s. Singhi & Co. Chartered Accountants, issued an unmodified opinion on the financial results.

The table below summarises the key consolidated financial metrics for the quarter and full year:

Operational Highlights

Crizac processed 3.94 lakh applications during FY26, representing a year-on-year growth of 43.0%. The number of active agents grew by 36.5% to 5,389, while enrollments reached 24,697, a 13.8% increase over the previous year. The company added 50+ partner universities and 3 destination countries during the fiscal year. Its global footprint spans 85+ source countries and 11 destination countries, with an operational presence in 10 countries.

Corporate Developments

During the year, the company acquired a 51.04% stake in Global Tree Careers Private Limited and a 51% stake in Studies Planet.com Limited. The board also declared an interim dividend of ₹8.00 per equity share for the financial year ended March 31, 2026. The company filed an investor presentation regarding these results with the exchanges on May 25, 2026.

Crizac Limited has appointed Grant Thornton Bharat LLP as its internal auditor for the financial year 2026-27. The decision was approved by the company's Board of Directors during a meeting held on May 25, 2026. The appointment is effective from the date of the meeting.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule III and the SEBI Master Circular dated January 30, 2026. The board meeting commenced at 11:00 A.M. and concluded at 01:15 P.M. on the same day.

Appointment Details

The appointment follows the requirements set out in the SEBI Master Circular. Grant Thornton Bharat LLP has been engaged specifically to conduct the internal audit for the company for the upcoming financial year.

Auditor Profile

Grant Thornton Bharat LLP is a professional services firm and a member of Grant Thornton International Ltd., UK. The firm operates across 19 offices in India and has access to a global network spanning over 150 markets. It employs more than 12,000 professionals in India, offering services such as assurance, internal audit, risk advisory, and tax consulting. The firm serves numerous Fortune India 500 companies.

The key details of the appointment are summarized below: