Aakash narrows FY26 loss by 16% to ₹186.5 Cr as revenue remains flat
Indian test-prep firm Aakash Educational Services Ltd (AESL) reduced its net loss by 15.5% to ₹186.5 Cr in FY26, despite its top line remaining largely unchanged. Non-operating income significantly boosted the company's financial performance.
Aakash Educational Services Ltd (AESL), a prominent Indian test-preparation provider, has reported a 15.5% reduction in its net loss for the fiscal year 2026, bringing it down to ₹186.5 crore from ₹220.8 crore in the previous fiscal year.
This improvement in profitability occurred while the company's core revenue remained relatively flat. Operating revenue saw a marginal increase of 0.4% to ₹2,040.5 crore in FY26, compared to ₹2,032.1 crore in FY25. Coaching revenue, the main business segment, grew by 0.3%, while franchisee revenue increased by 4%.
A significant factor contributing to the narrowed loss was a substantial rise in non-operating income, which more than doubled to ₹113.7 crore. This was primarily due to a write-back of provisions amounting to ₹76.1 crore and a ₹19.7 crore gain from the remeasurement of lease liabilities.
Aakash, owned by BYJU'S parent company Think & Learn since 2021, operates in a market facing significant disruption and legal entanglements related to its parent group. The company's valuation and ownership structure have become central to ongoing disputes involving creditors and BYJU'S itself.
Total expenses for AESL remained largely stable, increasing by less than 1% to ₹2,397.8 crore. The company's largest expenses included employee benefits, depreciation, and advertising, all of which saw decreases during the fiscal year.