5444392025-04-012025-06-305444392025-04-012025-06-30in-capmkt:OtherExpenses1Member5444392025-04-012025-06-30in-capmkt:OtherExpenses2Member5444392025-04-012025-06-30in-capmkt:OtherExpenses3Member5444392025-04-012025-06-30in-capmkt:OtherExpenses4Member5444392025-04-012025-06-30in-capmkt:OtherExpenses5Member5444392025-04-012025-06-30in-capmkt:OtherExpenses6Member5444392025-04-012025-06-30in-capmkt:OtherExpenses7Member5444392025-04-012025-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15444392025-04-012025-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss25444392025-04-012025-06-30ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares544439CRIZACNOTLISTEDINE0S4R01014CRIZAC LIMITEDMain BoardEquity2025-04-012026-03-312025-08-042025-07-28INRLakhsQuarterlyFirst quarterSingle segmentEDUCATION CONSULTANCY SERVICES2025-08-0414:00:002025-08-0414:35:002025-04-012025-06-30UnauditedConsolidated20953530008352800021788810001343805000005494000029000669040009183300015575110006213700000621370000164421000-117600016324500004581250000000458125000-32610004548640004581250000-3261000034996500022.622.62002.622.621. These unaudited consolidated financial results of the Company have been prepared in accordance with the Indian Accounting Standards (IND AS) as notified by Ministry of Corporate Affairs pursuant to Section 133 of the Companies Act 2013 read with the Companies (Indian Accounting Standard) Rules, 2015, as amended and in terms of regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other accounting principles generally accepted in India. <BR> <BR> 2. The unaudited consolidated financial results for the quarter ended June 30, 2025 were reviewed by the Audit committee and approved by the Board of Directors at their respective meeting held on August 4, 2025. <BR> <BR> 3. The Statutory auditors have carried out Limited review of the results for the quarter ended June 30, 2025. <BR> <BR> 4. The business activity of the Company falls within one broad business segment viz. “Educational Consultancy”. There are no separate reportable segments under Ind AS 108 Operating Segments notified under the Companies (Indian Accounting Standard) Rules, 2015, as amended.  <BR> <BR> 5. Other Expenses includes loss from forward contracts of Rs. 439.54 Lakhs, Nil, and Rs. 24.72 Lakhs for the quarter ended June 30, 2025, quarter ended March 31, 2025 and quarter ended June 30, 2024, respectively. The amount for the year ended March 31, 2025 is Rs. 179.81 Lakhs. <BR> <BR> 6. The Company has formulated the 'Employee Stock Option Scheme “CRIZAC Employee Stock Option Plan 2024”  (herein referred as ESOP Scheme) pursuant to resolution passed by the  Board of Directors in their meeting held on March 21, 2024 and by shareholders in their meeting dated March 21, 2024 respectively. Under ESOP Scheme, Nomination and Remuneration Committee is authorised to grant 25,90,000 options to eligible employees of the Company in one or more tranches. Options granted under ESOP Scheme shall not vest earlier than a minimum vesting year of three years and not later than a maximum vesting year of five years from date of grant. The exercise year in respect of vested options shall be subject to maximum year of five years commencing from the date of vesting. The options granted under ESOP Scheme carry no rights to dividends and no voting rights till the date of exercise. The Company has recognised an expense of Rs. 35.34 Lakhs for the quarter ended June 30, 2025 in accordance with Ind AS 102 “Share Based Payments” on grant of 25,90,000 ESOPs granted during the quarter ended June 30, 2025. The carrying amount of employee stock options outstanding reserve as at June 30, 2025 is Rs. 35.34 Lakhs (June 30, 2024: Nil). <BR> <BR> 7.Subsequent to the quarter ended June 30, 2025, the Company has completed its IPO of 3,51,02,040 equity shares of face value Rs. 2.00 each at an issue price of Rs. 245.00  per share (including a share premium of Rs. 243.00 per share) and as a result the equity shares of the Company were listed on National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on July 9, 2025. The issue comprised of offer for sale of 3,51,02,040 equity shares by selling shareholders aggregating to Rs. 860 Lakhs. <BR> <BR> 8.The figures of last quarter are the balancing figures between audited figures in respect of full financial year and the unaudited year to date figures up to third quarter of the financial year. Also, the figures for quarter ended June 30, 2024 and March 31, 2025, as reported in these unaudited standalone financial results have not been subjected to review by statutory auditor, and have been prepared by the management of the company, since the requirement of submission of quarterly reviewed financial results is applicable on listing of equity shares of the Company, which is from quarter ended June 30, 2025. Limited Review Fees899000Corporate Social Responsibility6177000Technical & IT Related expenses2272000Loss from Forward Contracts43954000Rental expenses3933000Travelling and Conveyance Expenses6578000Other Expenses28020000Remeasurement of Defined Benefit Plan-105000Equity Instruments measured at FVOCI-9270000-9375000-1352000Exchange difference in translating Financial Statements of Foreign Operation476200047620000-3261000