Byju’s Posts 13-Fold Widening in Losses in Delayed FY 2021 Report, Accounting Changes Detailed: Report

Byju’s Posts 13-Fold Widening in Losses in Delayed FY 2021 Report, Accounting Changes Detailed: Report

Byju’s on Wednesday posted a 13-fold widening in losses in the year through March 2021. The Indian online education platform’s losses reportedly widened to Rs. 45.7 billion for the financial year 2021, while the Bengaluru-based firm reported a revenue of Rs. 24.3 billion. Byju’s released the financial statements after a…