Great Learning has reported a profit of Rs 40 crore on a revenue of Rs 1,039 crore for FY25, the company said in a statement on Tuesday. This represents a 191% increase in profits, and a 5% increase in revenue from the previous fiscal, it added.
The company attributed its growth to sustained global demand for professional upskilling in artificial intelligence during FY25.
Mohan Lakhamraju, founder and CEO of Great Learning, said the company achieved profitability for two consecutive years through innovations rather than cost management measures. He said the company has focused on integrating generative AI to enhance operational efficiency.
Over the fiscal, it has expanded its academic portfolio through partnerships with IIT Bombay and Johns Hopkins University, and introduced ‘GLAIde’, — a suite of AI-powered learning support tools, to enhance the learning experience. The company claims to offer 1,750 programmes to over 13.8 million learners from across 170+ countries on its platform.
Great Learning’s sustained profitability stands in contrast to several other companies acquired by troubled edtech major Byju’s. Between 2020 and 2022, Byju’s spent approximately $2.8 billion acquiring companies, including WhiteHat Jr for $300 million, Epic for $500 million, and Great Learning for $600 million.
Unlike most acquisitions where Byju’s attempted operational integration, Great Learning’s three founders continued to run the business independently after the acquisition.