BYJU’S targets profitability by March 2024, considers selling Epic

  • BYJU’S is restructuring its operations into four core areas and reducing its workforce by 3,000-3,500 to achieve break-even by March 2024.
  • The company, which reported a loss of ₹4,588 crore in FY21, is set to finalize its delayed 2021-22 financial results in October.
  • To settle a $1.2 billion Term Loan B, BYJU’S is considering selling off Epic and possibly Great Learning, pending lender approval.
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