Aakash Educational Services FY24 revenues remained flat at Rs 2,437 crore, but losses surged to Rs 2,443 crore: The edtech company is undergoing significant ownership changes with Manipal Group becoming the largest shareholder amidst senior exits and parent company insolvency proceedings. https://economictimes.indiatimes.com/tech/startups/akash-fy24-revenues-flat-at-rs-2437-crore-losses-at-rs-2443-crore/articleshow/128754464.cms #India #IndianTech #TechNews #Edtech #Aakash

Akash FY24 revenues flat at Rs 2,437 crore, losses at Rs 2,443 crore
Aakash Educational Services Limited saw revenues remain steady at Rs 2,437 crore in FY24, but losses surged to Rs 2,443 crore, largely due to exceptional items. Excluding these, the company reported a Rs 61 crore loss. Amidst senior exits and its parent company's insolvency, Aakash is undergoing significant ownership changes, with Manipal Group becoming the largest shareholder.