The Byju’s management had earlier agreed with its investors that the edtech company would put out its FY23 results by the end of December 2023
Founder and Group CEO of Think and Learn Private Limited (TNPL) Byju Raveendran has told employees that the edtech startup would soon start the FY23 audit and complete the exercise in the coming months.
“We will soon begin the audit process for the latest financial year (FY23) and complete it in the coming months,” Raveendran said in an internal email to its employees on November 4 moments after announcing partial FY22 financials.
Moneycontrol has reviewed a copy of the letter. The company also confirmed that Raveendran had sent the letter after sharing FY22 results.
The Byju’s management had earlier agreed with its investors that the company would put out its FY23 results by the end of December 2023.
In the email, Raveendran told employees that the audit of TNPL & all its subsidiaries for FY22 was closed. “I am delighted to inform you that the audit report, submitted by our statutory auditors BDO, is clean and unqualified,” he said.
However, Byju’s only published partial or…
