Byju’s Posts 13-Fold Widening in Losses in Delayed FY 2021 Report, Accounting Changes Detailed: Report

Byju’s on Wednesday released audited financial statements after months of delay. The Bengaluru-based company reported a 13-fold widening in losses in the year through March 2021, with net losses widening to Rs. 45.7 billion. The company also announced unaudited numbers for the year through March 2022.