How has been the historical performance of Veranda Learning?

Answer:The historical performance of Veranda Learning shows significant growth in net sales but continued losses in profitability.

Breakdown:
Veranda Learning's net sales have shown a remarkable increase from INR 2.54 crore in March 2021 to INR 470.87 crore in March 2025. Total operating income has followed a similar upward trend, reaching INR 470.87 crore in March 2025, compared to just INR 2.54 crore in March 2021. However, the company has faced substantial challenges with total expenditure, which rose from INR 10.17 crore in March 2021 to INR 434.95 crore in March 2025. This has resulted in an operating profit (PBDIT) of INR 83.02 crore in March 2025, a significant recovery from the losses seen in previous years, although interest expenses have surged to INR 132.06 crore, leading to a profit before tax of -INR 254.89 crore. Consequently, the profit after tax has also remained negative, amounting to -INR 251.95 crore in March 2025. The company's total assets increased to INR 1,622.14 crore by March 2024, while total liabilities also rose to INR 1,622.14 crore, indicating a challenging financial position. Cash flow from operating activities improved to INR 26 crore in March 2024, but the net cash outflow was -INR 65 crore, reflecting ongoing liquidity issues. Overall, while Veranda Learning has made strides in revenue generation, it continues to grapple with profitability and cash flow challenges.