Zee Learn Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, demonstrating strong standalone performance despite ongoing financial complexities. The Board of Directors approved these results at their meeting held on February 10, 2026.

Standalone Financial Performance

The company delivered impressive standalone results for Q3FY26, showcasing significant improvement across key financial metrics.

For the nine months ended December 31, 2025, standalone performance remained robust with revenue from operations reaching ₹15,865.72 lakhs compared to ₹14,564.30 lakhs in the corresponding period of the previous year. Net profit for the nine-month period stood at ₹1,773.31 lakhs versus ₹1,421.44 lakhs in the previous year.

Consolidated Operations Show Mixed Results

While standalone performance was strong, consolidated operations presented a different picture, reflecting the impact of subsidiary challenges and exceptional items.

The consolidated results included exceptional items of ₹353.13 lakhs for the nine-month period, primarily related to differential interest expenses payable to Tamilnad Mercantile Bank Limited.

Segment-wise Performance

The company operates across three main business segments, each showing varied performance:

Educational Services and Related Activities:

• Q3FY26 Revenue: ₹4,567.21 lakhs
• Segment Result: ₹112.77 lakhs profit

Construction and Leasing (for Education):

• Q3FY26 Revenue: ₹544.03 lakhs
• Segment Result: ₹253.72 lakhs loss

Training, Manpower and Related Activities:

• Q3FY26 Revenue: ₹2,855.81 lakhs
• Segment Result: ₹32.68 lakhs loss

Corporate Governance and Regulatory Matters

The Board approved a draft Postal Ballot Notice seeking member approval for two key matters: regularization of Additional Directors appointed under Section 161(1) of the Companies Act, 2013, and re-pricing of outstanding Employee Stock Options under the company's ESOP scheme.

Financial Restructuring and Debt Management

Zee Learn continues to manage complex financial obligations involving corporate guarantees and debt settlements. The company has entered into a Supplemental Facilities Agreement with Assets Care & Reconstruction Enterprise Limited (ACRE) regarding outstanding credit facilities. As of December 31, 2025, the outstanding amount payable to ACRE is ₹66,261.87 lakhs, while the total amount recoverable from four trusts/entities stands at ₹75,334.42 lakhs.

The company's subsidiary Digital Ventures Private Limited (DVPL) has successfully withdrawn from Corporate Insolvency Resolution Process (CIRP), with the Hon'ble NCLT approving the withdrawal application on December 19, 2025.

Investment in Subsidiaries

Zee Learn maintains significant investments in its wholly-owned subsidiary DVPL, totaling ₹56,490.19 lakhs as of December 31, 2025. The company has provided ₹22,172.05 lakhs toward impairment of loans and investments in DVPL, with management considering the net outstanding amount of ₹34,318.14 lakhs as recoverable.

Going Concern and Future Outlook

Despite facing challenges with negative working capital and complex debt restructuring, the company has prepared its financial statements on a going concern basis. Management believes that amounts payable under the Supplemental Facilities Agreement will be settled through asset monetization and improved operational performance from new business opportunities secured during the current financial year.

Zee Learn Limited has announced the launch of its new premium preschool brand, Ivy Grove Early Years, marking a significant expansion in the early childhood education segment. The company made this announcement through a regulatory filing on January 24, 2026, informing stock exchanges about the brand launch that took place on January 23, 2026.

Brand Launch Details

The new brand, Ivy Grove Early Years, is specifically designed for early years education and positioned as a premium preschool offering. The company has strategically focused this launch on the domestic market, indicating its commitment to strengthening its presence in India's growing preschool education sector.

Digital Presence and Accessibility

Simultaneously with the brand launch, Zee Learn Limited has introduced a dedicated website for Ivy Grove Early Years, accessible at www.ivygrove.in . This digital platform is expected to serve as a key touchpoint for parents and stakeholders seeking information about the preschool services and educational offerings.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided comprehensive details about the product launch as required under the regulatory framework, ensuring transparency with investors and market participants.

Market Positioning

By positioning Ivy Grove Early Years as a premium preschool offering, Zee Learn Limited is targeting the higher-end segment of the early childhood education market. This strategic positioning aligns with the growing demand for quality preschool education services in India's expanding education sector.