The call ran from 1:58 PM to 2:49 PM IST (51 min).

Key takeaways

Veranda reports profitability turnaround post-demerger of commerce business, focusing on government test-prep and managed schools.

Guidance and delivery
Management target	Revenue FY27

Highlights
Revenue growth	17% YoY growth to ₹51 Cr in Q2 FY27.
Margins	EBITDA margins expanded to 25% from 23% QoQ.
Demand visibility	Strong demand in government competitive exams and K-12 segments.
Management confidence	High; emphasizing balance sheet deleveraging and focused business verticals.

Growth

Revenue grew 17% YoY to ₹51 Cr; Government test-prep top-line jumped 31% YoY.

Reiterated FY27 guidance of ₹175 Cr revenue, ₹46 Cr EBITDA, and ₹32 Cr PAT.

One-time fair valuation gain of ₹1,047 Cr masks underlying operational metrics; K12 scaling depends on partnerships.

Guided non-comm FY27 EBITDA ₹46 Cr → reiterated ₹46 Cr (= PARTIAL, on track, unrealised)

Summary by ALFA Finder, written with AI assistance from our own recording of the call, published 13 Nov 2026, 2:52 PM IST. Open it on ALFA Filings ›

13 Nov 2026 13:39 IST NSE

Veranda Learning Solutions Ltd reported revenue from operations of ₹50.6 Cr (+17.1% YoY) and net profit of ₹1,092 Cr (+1042.8% YoY) for Q2 FY27.

From the call summary published 13 Aug 2026.

Management guides FY27 revenue at 670 Cr, EBITDA at 260 Cr, and PAT at 144 Cr.

Revenue grew 42% YoY to 150 Cr, supported by a 53% surge in the commerce segment.

Company	Veranda Learning Solutions Ltd
NSE symbol	VERANDA
ISIN	INE0IQ001011
Call	Q2 FY27 earnings call
Date	Friday, 13 November 2026
Time	2:00 PM IST
Length	51 min