Crizac , a leading B2B education platform offering international student recruitment solutions, has announced its unaudited financial results for the second quarter of fiscal year 2026, showcasing robust growth and profitability. The company has also issued a correction to its financial results.

Financial Highlights

For Q2 FY26, Crizac reported:

• Revenue from operations of ₹1,622.52 crore, marking a 24.92% increase from ₹1,298.80 crore in Q2 FY25.
• EBITDA of ₹632.70 crore, with an EBITDA margin of 39.00%.
• Net profit after tax (PAT) of ₹483.35 crore, representing a 138.73% growth from ₹202.47 crore in Q2 FY25.
• PAT margin improved to 28.45% from 14.81% in the corresponding quarter of the previous year.

Correction to Financial Results

Crizac has issued a correction to its unaudited financial results for the quarter and half year ended September 30, 2025. The company identified errors in both standalone and consolidated financial results where 860.00 Lakhs was incorrectly stated instead of 86,000 Lakhs in the notes section. The company clarified that this correction does not impact the company's profit and that the integrated financial results filed in XBRL format remain accurate. The errors were described as inadvertent and unintentional in nature.

Operational Performance

The company's strong financial results were underpinned by solid operational performance:

• Processed approximately 100,000 student applications in Q2 FY26, compared to about 68,000 in Q2 FY25.
• Onboarded around 2,000 new agents on its platform during the quarter.
• Catered to 82 global institutions of higher education, up from 70 in Q2 FY25.

Business Developments

Crizac has made significant strides in expanding its service offerings:

1. Launched an Accommodations Facility as a distributor.
2. Actively exploring new service verticals, including loan services and forex services.

Market Position

The company's growth is supported by its strong position in the international education market:

• Sources student applications from over 80 countries through approximately 13,500 registered agents globally.
• Maintains relationships with over 250 global institutions of higher education.
• Higher margins were driven by a favorable university mix, with certain higher-margin universities representing a larger percentage of revenues during Q1 and Q2.

Future Outlook

Crizac's strategy of expanding its agent network, diversifying its service offerings, and maintaining strong relationships with global institutions appears to be yielding positive results. The company's debt-free status and strong operating cash flows provide a foundation for future expansion and investment in new opportunities.

As the global market for international education continues to grow, with projections indicating a potential market size of $420 billion by 2030, Crizac may benefit from its established presence in key markets such as the UK, Ireland, Canada, and Australia.

Investors and stakeholders will likely be watching closely to see how Crizac addresses these opportunities and maintains its growth trajectory in the coming quarters, while also ensuring accuracy in its financial reporting following the recent correction.

Crizac Limited , a prominent player in its industry, has recently made two significant announcements regarding its investor relations activities. The company has scheduled an earnings conference call and disclosed plans for an investor meeting, demonstrating its commitment to transparent communication with stakeholders.

Earnings Conference Call

Crizac Limited has announced an earnings conference call for investors and analysts, scheduled for August 5, 2025, at 4:00 PM IST. The call aims to discuss the company's financial results and performance outlook for the quarter ended June 30, 2025, which marks the first quarter of the fiscal year 2026 (Q1 FY26).

Key details of the conference call include:

• Date and Time: August 5, 2025, at 4:00 PM IST
• Hosting Team:
  • Dr. Vikash Agarwal (Chairman & MD)
  • Mr. Manish Agarwal (CFO)
  • Mr. Christopher Flood Nagle (CEO of Crizac UK)

Participants can join the call using the following access options:

• Universal Access Numbers: +91 22 6280 1224 / +91 22 7115 8125
• International Toll-Free Numbers:
  • USA: 18667462133
  • UK: 08081011573
  • Singapore: 8001012045
  • Hong Kong: 800964448
  • Japan: 00531161110

Investor Meeting

In addition to the earnings call, Crizac Limited has also disclosed plans for an investor meeting:

• Date: August 1, 2025
• Investor: RAAY Global Investments Pvt. Ltd.
• Type: One-on-one Meeting
• Mode: Physical
• Venue: Kolkata

The company has emphasized that this meeting will not involve discussion of any unpublished price-sensitive information and will be based solely on publicly available information.

Company Information

Crizac Limited is listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

These investor relations activities underscore Crizac Limited's dedication to maintaining open lines of communication with its investors and analysts. The earnings call and investor meeting provide opportunities for stakeholders to gain insights into the company's performance and engage directly with the senior management team.

Investors and analysts interested in participating in the earnings call can register through the provided Diamond Pass link or use the dial-in numbers mentioned above. As always, it's advisable for interested parties to mark their calendars and prepare any questions they may have for the management team in advance of these events.