Drishti IAS posts revenue of Rs 405 crore, Rs 90 crore PAT in FY24

Drishti IAS, a competitive exam preparation and educational solutions provider, has announced its financial results for the fiscal year 2023-24 (FY24). The institute has reported a revenue of Rs 405 crore. The company also recorded a Profit After Tax (PAT) of Rs 90 crore.

Key figures

Revenue Growth: Achieved Rs 405 crore, a 20% increase from the previous fiscal year.

Profit After Tax (PAT): Recorded Rs 90 crore
Digital Expansion: Strengthened its digital offerings, with over 1.5 million students benefitting from its online courses and resources.
Geographic Reach: Expanded its presence to major cities, including Delhi, Noida, Lucknow, Prayagraj, Jaipur, and Indore.

A significant portion of revenue was contributed by the newly initiated vertical, Drishti Judiciary.

Drishti IAS plans to expand into 10 additional cities in the next financial year. The institution’s programs include its General Studies modules, Current Affairs series, and Hindi medium offerings.