BYJU's FY21 financials will be released tomorrow; audited revenue may be lower than expected

Edtech major BYJU'S is set to release its financial statements for the fiscal year ended March 31, 2021, on Wednesday (September 14), after a more than 18-month delay.

The edtech was supposed to release the statements today (September 13), but it has been delayed by one day. The news comes after media reports suggested that the edtech giant's audited revenue may be lower than previously estimated. BYJU'S reported a net profit of INR 51 Cr and revenue of INR 2,434 Cr in its most recent financial statement for FY20. According to media reports, there is a significant gap between projected and audited revenue.

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