Eruditus Achieves Remarkable Growth in FY23

Editorial Desk · 2024-01-23T12:04:58+05:30

n FY23, Eruditus, an executive education company, saw a significant financial upturn with its revenue reaching over Rs 3,300 crore, a 70.39% increase from the previous year. This growth was primarily driven by their partnerships with business schools, delivering both online and in-person programs, particularly in the United States, which made up a substantial part of their revenue.Concurrently, Eruditus achieved a notable reduction in losses, decreasing by 66%. This indicates a strategic move towards more efficient and sustainable operations. The company's cost-saving measures in areas such as employee benefits and marketing contributed to this financial improvement.

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Eruditus Achieves Remarkable Growth in FY23
Posted by Editorial Desk on January 23, 2024 at 12:04 pm
n FY23, Eruditus, an executive education company, saw a significant financial upturn with its revenue reaching over Rs 3,300 crore, a 70.39% increase from the previous year. This growth was primarily driven by their partnerships with business schools, delivering both online and in-person programs, particularly in the United States, which made up a substantial part of their revenue.
Concurrently, Eruditus achieved a notable reduction in losses, decreasing by 66%. This indicates a strategic move towards more efficient and sustainable operations. The company’s cost-saving measures in areas such as employee benefits and marketing contributed to this financial improvement.
- This discussion was modified 11 months ago by Editorial Desk.
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