Byju’s to announce its FY22 results in the second week of October

Indian edtech company Byju's has postponed the release of its FY22 results to the second week of October, causing concern among regulators and stakeholders. The delay follows the resignation of the company's former auditor, Deloitte, earlier this year. Byju's has recently experienced a series of challenges, including the departure of senior executives and the need to repay a $1.2 billion loan. As part of a restructuring effort, the company has appointed Arjun Mohan as its India CEO and is in the process of letting go of 4,000-5,000 employees.

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