Vedantu turns profitable in Q4 FY25 with record collections: CEO Vamsi Krishna

Bengaluru-based
edtech
startup
Vedantu
achieved
profitability
in the quarter ended March 2025, with
collections
rising 67% year-on-year to Rs 90 crore, cofounder and CEO
Vamsi Krishna
announced on Thursday.
#Operation Sindoor
Live Updates| From Sindoor to showdown? Track Indo-Pak conflict as it unfolds
India hits Lahore's Air Defence Radars in proportionate response
Pakistan tried to hit military targets in these 15 Indian cities, New Delhi thwarts strikes
'Q4 (January–March 2025) was our strongest quarter ever. We hit Rs 90 crore in collections—a 67% YoY growth—and became profitable, generating over Rs 6 crore in free
cash flow
(FCF). This wasn't even our peak quarter, which puts us on a clear trajectory for a cash flow-positive FY26,' Krishna wrote in a LinkedIn post.
According to Krishna, Vedantu ended FY25 with Rs 284 crore in collections, marking a 55% increase from the previous year, while also reducing its cash burn by 30% to Rs 70 crore.
Founded in 2011 by Krishna, Anand Prakash, Saurabh Saxena, and Pulkit Jain, the K12 edtech firm became a unicorn in September 2021 after raising $100 million in a
funding
round led by Temasek-backed impact investing fund ABC World Asia.
In FY24, Vedantu's operating revenue rose by 21% to Rs 185 crore, while its net loss fell by 58% to Rs 157 crore. The company has not yet filed its FY25 financial statements with the Registrar of Companies (RoC).
Discover the stories of your interest
Blockchain
5 Stories
Cyber-safety
7 Stories
Fintech
9 Stories
E-comm
9 Stories
ML
8 Stories
Edtech
6 Stories
Vedantu's online business grew 33% in FY25, with growth accelerating to 70% year-on-year in the last two quarters. Initially launched as an online education platform, Vedantu has since expanded by opening multiple offline coaching centres.
Vedantu's quarterly profitability comes after a period of significant challenges. In FY22, the company reported a net loss of Rs 696.3 crore, a 13% increase from the previous year. Total expenses during this period rose by 19% to Rs 890.9 crore, with employee benefit expenses increasing by 20% to Rs 489.3 crore.
To manage costs, Vedantu underwent multiple rounds of layoffs in 2022.
Several edtech companies have shifted to offline models after experiencing a slowdown in online operations following the Covid-driven surge. Krishna acknowledged that the edtech sector, particularly K12, has faced challenges post-Covid but believes the negative outlook is exaggerated.
In January,
ET reported
that this year could prove crucial for the sector as it aims to recover from the fallout of Byju's implosion by adopting sustainable business practices and focusing on delivering tangible results.
Funding in the edtech sector nearly tripled to $608 million in 2024 from $207 million in the previous year, according to data from Venture Intelligence. However, this was still significantly lower than the $2.1 billion raised in 2022.

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

Indian Express

23 minutes ago

• Indian Express

Reliance Power stock jumps 100% in 3 months: A turnaround or another bubble?

After 17 years, Reliance Power is back in the spotlight with a 100% rally in just three months. This mirrors the frenzy of February 11, 2008, when the company made its debut with a blockbuster IPO of Rs 11,563 crore. At that time, India's power sector was booming, and Reliance Power was raising funds for the country's biggest 28GW power development. However, it was also the time when the subprime financial crisis was starting to unfold in the US. The current environment resembles that of 2008. The US economy faces potential disruptions due to tariffs and geopolitical stress, while India's green energy projects are moving ahead due to government subsidies. Renewable energy IPOs are on the rise, and companies like Suzlon Energy have turned their fate around in this cyclical upturn. Investor optimism isn't limited to Reliance Power. RattanIndia Power's shares jumped 36% in under a week. Reliance Power and RattanIndia Power Stock Price Momentum Between May and June 2025 Meanwhile, Reliance Home Finance, another Anil Dhirubhai Ambani Group (ADAG) firm, rallied 115% in a month, fueled by speculation around a potential comeback of Reliance Power. So, the key question arises: Is this market reaction backed by fundamentals, or is it just another bubble? As per media reports, order wins, debt cleanup, settlement of legal cases, and fresh funding have raised the hopes of a turnaround and are driving Reliance Power's share price. But is this enough, given the near insolvency of parent Reliance Infrastructure and the group's corporate governance issues? Searching for value, we will look at each of the reasons and identify if it justifies the stock price. Are project wins a sign of a turnaround? Not necessarily. Reliance Power is no stranger to winning big orders. Its IPO aimed to raise money for 12 projects with a combined installed capacity of 28GW, the largest in the country at the time. However, prolonged delays and legal issues related to its power projects resulted in the company having enormous debt. In 2010-11, Reliance Power's 2,400 MW gas-based thermal power plant in Samalkot, Andhra Pradesh, failed due to a natural gas shortage. The company was left with Rs 2,500 crore in debt from the Export-Import Bank of the United States, which it settled in December 2024. Reliance Power had a long list of such projects that piled up bank debt, which it has been settling for the past few years by selling assets. Now, Reliance Power is trying its hand at large-scale solar and battery energy storage system (BESS) projects. Reliance Power project wins in 2025 Nature of client Client Project Size Investment PSU SJVN 350 MW solar-BESS – PSU Solar Energy Corporation of India 465 MW solar and 1.86 GW BESS Rs 10,000 crore Bhutan Government Druk Holding and Investments 350MW solar and 175MW BESS Rs 2,000 crore Source: Press Releases The timely execution of these projects within the budget and operational efficiencies will determine whether contract wins are good news for shareholders. Reliance Power's share price surged after the company announced that it has 'zero bank debt and no default' in its Q4 FY25 earnings released on May 9. This is a significant milestone, considering its recent escape from insolvency proceedings, unlike other ADA group companies (Reliance Capital and Reliance Naval and Engineering). The turnaround has come through equity dilution. Debt has been converted into shares and warrants, and subsidiaries have been sold off as lenders liquidated pledged shares. For instance, the Rs 3,872 crore loan guaranteed for Vidarbha Industries Power (VIPL) was resolved in September 2024 via pledged share sales. Every time Reliance Power reduced its debt, the company's share price showed a remarkable jump. Reliance Power's 5-Year Stock Price Momentum Factors Driving Reliance Power's Stock Price Momentum Period Reliance Power Share Price Rally Reason for rally 9-May to 11-Jun 2025 84% No Bank debt 13-Sep to 4-Oct 2024 70% Settled VIPL guarantee 15-Mar to 5-Apr 2024 47% Debt Settlement with ICICI Bank 27-Oct-2023 to 5-Jan-2024 87% Consolidated net loss narrowed to Rs 237.76 crore in Q2 FY24 and Rs 1,000 crore preferential raising 19-May to 16-June 2023 40% Made a Rs 1,200 crore one-time settlement offer to lenders of VIPL 19-Feb to 18-Jun 2021 411% Reduced debt Source: Media reports and company statements But does it mean Reliance Power's troubles are over? Not exactly. The company has converted most of its debt to equity and convertible warrants. Equity will dilute when these warrants are exercised, thereby reducing its earnings per share (EPS). As of now, Reliance Power has over Rs 15,153 crore debt on its balance sheet, which is 0.88x its equity as on March 31, 2025. Debt clean-up is a sign of turnaround. However, its impact on stock price could fade because of equity dilution. What about the future rally? Beyond debt reduction, the focus may now shift to sustainable earnings per share (EPS). Thus, stock price rally could be driven by future operational efficiency rather than simply a 'clean-up act' for past inefficiencies. In the case of Suzlon, the stock price rally was driven by revenue and EPS growth from wind turbine orders, which have a faster cash conversion cycle. Reliance Infrastructure has announced plans to enter solar and battery manufacturing. This is one area investors could look forward to, as backward integration could help Reliance Power secure equipment supply at a lower cost. However, competition is intensifying. Companies like Waaree Energies and Premier Energies, both publicly listed, are expanding rapidly with clean balance sheets and vertically integrated models. Many PLI-backed firms are also entering both manufacturing and generation. Reliance Power's success is tied to Reliance Infrastructure. When Reliance Power wins a power project, it awards an engineering, procurement, and construction (EPC) contract to Reliance Infrastructure. Reliance Infrastructure has built Reliance Power's flagship 3.96 GW Sasan Ultra Mega Power Plant in Madhya Pradesh, Butibori plant in Nagpur, among others. While inter-group contracts bring efficiency, they also tie them to others' problems. Hence, it becomes imperative to analyse the situation of Reliance Power and Reliance Infrastructure simultaneously. The Anil Dhirubhai Ambani Group had Reliance Commercial, Reliance Capital, Reliance Naval and Engineering, all of which were sold in insolvency proceedings. As for Reliance Home Finance, promoter holdings have dropped to 0.74%. While the group still holds Reliance Communications, it has been selling communications assets to Jio. What is left of the ADA Group is Reliance Power and Reliance Infrastructure. All hopes of a turnaround depend on these two companies. Hence, their share prices move in sync. ADA Group is riding on investors' hopes of positive returns. With a net worth of Rs 16,337 crore and a market cap of Rs 27,291 crore, Reliance Power has a price-to-book value (P/BV) of 1.65x. It is relatively higher than RattanIndia Power's P/BV of 1.55x but lower than NTPC's 1.75x. Although NTPC has a higher ratio, its fundamentals are way better than Reliance Power's, making the latter look expensive. Small brokerages and individual investment companies remain cautious. A market correction is likely as short-term investors book profits. The two stocks are riding on order wins. A significantly large EPC order book will require huge working capital. For the stocks to sustain their rally, the company has to achieve smooth execution of projects, and the economic conditions have to remain favourable. Reliance Power and Reliance Infrastructure are stocks to keep an eye on for their turnaround signs, but also be cautious for red flags that could disrupt the recovery. Note: We have relied on data from throughout this article. Only in cases where the data was not available, have we used an alternate, but widely used and accepted source of information. Puja Tayal is a financial writer with over 17 years of experience in the field of fundamental research. Disclosure: The writer and his dependents do not hold the stocks discussed in this article. The website managers, its employee(s), and contributors/writers/authors of articles have or may have an outstanding buy or sell position or holding in the securities, options on securities or other related investments of issuers and/or companies discussed therein. The content of the articles and the interpretation of data are solely the personal views of the contributors/ writers/authors. Investors must make their own investment decisions based on their specific objectives, resources and only after consulting such independent advisors as may be necessary.

Time of India

24 minutes ago

• Time of India

Oppo K13x with 6000 mAh battery, military grade certification launched in India: Price, specs and more

Oppo K13x 5G is here. Oppo has expanded its affordable smartphone lineup with the launch of Oppo K13x 5G in India. The smartphone comes with military grade certification and is backed by a 6000 mAh battery . Tired of too many ads? go ad free now Oppo K13x packs a MediaTek chipset and runs Android 15 operating system. 'The K13x features a cutting-edge biomimetic shock absorption system, class-leading battery optimisation, and 5G readiness; the smartphone reflects OPPO's vision—redefining what is possible in an entry-level smartphone without compromise,' said the company. Oppo K13x: Price and availability Oppo K13x comes the three variants — 4GB+128GB, 6GB+128GB and 8GB+256GB priced at Rs 11,999, Rs 12,999 and Rs 14,999 respectively. The smartphone will go on sale starting June 27 and will be available online on Flipakrt and Oppo India online store. Customers can purchase the smartphone in Midnight Violet and Sunset Peach colour options. As part of the launch offer, the company is giving a bank discount of Rs 1,000 and 3 months of no cost EMI on the purchase of Oppo K13x. Oppo K13x: Specifications Oppo K13x comes with a 6.67-inch HD+ display with 720x1604 pixel resolution. The display offers up to 120Hz refresh rate and up to 1000 nits of peak brightness level. The screen is protected with a coating of Panda Glass. Oppo K13x is powered by a MediaTek Dimensity 6300 chipset paired with up to 8GB of RAM. The smartphone comes in two storage options — 128GB and 256GB. Users can further expand the storage by adding a microSD card. Oppo K13x comes with hybrid dual SIM support and runs Android 15 operating system topped with company's own layer of ColorOS 15. The smartphone comes with military grade certification and IP65 rating which makes it resistant to dust and water. Tired of too many ads? go ad free now Oppo K13x is backed by a 6000 mAh battery which comes with 45W fast charging support. The smartphone features a dual rear camera with consists of 50MP main sensor with f/1.88 aperture and 2MP portrait sensor with f/2.4 aperture. There's also an 8MP front camera with f/2.05 aperture for selfies.

Mint

26 minutes ago

• Mint

Redmi A4 5G launched with 6GB RAM variant: Check price, features, and more

Redmi A4 5G, a budget smartphone, was launched in November 2025, gaining much attention among budget-conscious buyers. Earlier, the smartphone was launched with 4GB RAM and up to 128GB internal storage. Now, Xiaomi has announced the Redmi A4 5G with 6GB RAM in India, giving users improved storage and performance support. Therefore, if you are in search of a budget 5G-enabled smartphone at under Rs.10000, then Redmi A4 5G with 6GB RAM could be a great option for consideration. Know more about the smartphone pricing, features, and availability. Xiaomi has launched a new storage variant of the Redmi A4 5G, which now comes in 6GB LPDDR4X RAM and 128GB UFS 2.2 storage. The smartphone is already available to purchase on Amazon at just Rs.9999 in India. Previously, it was launched in 4GB+ 64GB storage, which is priced at Rs.8499 and the 4GB+ 128GB is priced at Rs, 9499. The new storage variant will also be available in Sparkle Purple and Starry Black colourways, providing buyers with great options. The Redmi A4 5G with a new storage variant retains similar specifications and features. Therefore, buyers will get the same processor, battery size, and other features. The Redmi A4 5G features a 6.88-inch HD Plus display with a 120Hz refresh rate and up to 600nits peak brightness. The smartphone is powered by the Snapdragon 4 Gen 2 5G processor paired with up to 6GB of RAM and 128GB internal storage. It features a dual camera setup that includes a 50MP main camera, and on the front, you get a 5MP selfie camera. The Redmi A4 5G is backed by a 5160mAh battery that comes with 18W fast charging support. Lastly, it runs on Xiaomi's HyperOS based on Android 14, and the company claims to provide 2 years of software updates and 4 years of security patches. Therefore, with the given price, it offers a promising feature for basic usage, making it a great choice. Now, with greater RAM options, users can enjoy improved performance as well.