Crizac Ltd Q1 FY27 Income Down 4% YoY to ₹2,084 Mn

Crizac Limited announced its unaudited financial results for the first quarter of FY27, ending June 30, 2026. Total Income for the quarter was ₹2,084 million, a 4.0% decrease year-on-year, attributed to a less favorable university partner mix rather than reduced platform activity. Profit After Tax (PAT) saw a slight increase of 2.9% YoY to ₹471 million. The company processed 1.04 lakh applications, a 6.2% YoY decline. However, active counselling partners grew by 2.1% to 4,032, and student enrolments increased by 15.0% to 4,751. Crizac highlighted strategic investments, including an investment in ForeignAdmits in June 2026 and the acquisition of Inova Consultancy Limited in July 2026, aimed at expanding its global reach and service offerings. The company also announced leadership changes within its UK entity.