Grande Group turns to FY26 net loss of $3.54 million; revenue drops 40.6% to $2.58 million

Grande Group posted revenue of $2.58 million in the year ended March 31, 2026, down 40.6%.

Net loss attributable to shareholders was $3.47 million, swinging from profit; diluted loss per share was $0.14.

Operating loss widened to $3.31 million on total operating expenses of $4.91 million, including a $1.94 million goodwill impairment loss.

Cash and cash equivalents were $1.5 million; current ratio fell to 0.5 from 1.4.

Results reflected delayed IPO projects, fewer advisory milestones, and lower referral activity, partly offset by $478,541 from course-material supply after the Proplus acquisition.