India, Aug. 6 -- Edtech startup LEAD School reduced its standalone net loss for the financial year ended March 31, 2025 (FY25) by 69.7% to INR 43.3 Cr from INR 143 Cr in the previous fiscal year.

The Mumbai-based startup managed to trim its loss on the back of rationalising its cost.

Its total expenditure stood at INR 410.7 Cr, a 20% decrease from INR 513 Cr in FY24.

Meanwhile, LEAD School's operating revenue for the period under review remained flat at INR 351.8 Cr, a mere 0.37% increase from INR 350.5 Cr in FY24.

The startup has cut corners under three major heads - employee cost, marketing expenses and impairment loss on financial assets. For context, impairment loss on financial assets is a loss that a company incurs on non-tangib...