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ETS, the organisation behind the globally recognised TOEFL� and GRE� tests, has announced a strategic partnership with Crizac to expand access to authorised TOEFL� and GRE� preparation resources for more than one lakh study abroad aspirants across India. By bringing together ETS` globally trusted expertise in educational assessment and Crizac`s extensive student network, the collaboration aims to make official preparation resources more accessible, enabling students to prepare with greater confidence for admissions to universities across leading global study destinations. Through Crizac`s study abroad network, aspiring students will gain access to official TOEFL� and GRE� preparation resources designed to help them prepare more effectively for university admissions. The initiative combines ETS` globally recognised assessment expertise with Crizac`s personalised counselling support, making high-quality preparation more accessible while helping students navigate a critical stage of their international education journey. Leveraging Crizac`s extensive global ecosystem of more than 14,000+ student recruitment partners recruiting students from 85+ countries, relationships with over 500+ universities in 14+ countries, and support for approximately 4,00,000 student applications annually, the collaboration is well positioned to significantly expand access to official ETS preparation resources for Indian students pursuing higher education abroad.As part of its continued investment in India, ETS plans to expand its network of official TOEFL� and GRE� test centres from more than 65 today to 100 over the next year, strengthening access to its globally recognised assessments nationwide. Complementing this expansion, ETS will further strengthen its presence in Eastern India, where it currently operates two authorised test centres in Kolkata and plans to establish a third centre in collaboration with Crizac in 2027.

Crizac has entered into definitive agreements to invest an aggregate amount of approximately Rs. 1,24,76,944/- in Edument Consultancy by way of acquisition of Compulsory Convertible Preference Shares (CCPS) and Compulsorily Convertible Debentures (CCD) from the existing investors, in one or more tranches, subject to terms and conditions contained in the definitive agreements.Edument Consultancy is engaged in building and operating an AI-powered B2B platform that enables study abroad counselors, coaching institutes, and university partners to manage student admissions, education loan sourcing, visa readiness, for students seeking higher education overseas. It provides technology products, workflow automation tools, and allied services through a SaaS-based e-platform, serving 700+ counseling partners and 200+ university partners across 5+ countries, and has facilitated access to global education opportunities for over 100,000 students across India.

Net profit of Crizac rose 50.26% to Rs 75.04 crore in the quarter ended March 2026 as against Rs 49.94 crore during the previous quarter ended March 2025. Sales rose 15.02% to Rs 391.73 crore in the quarter ended March 2026 as against Rs 340.59 crore during the previous quarter ended March 2025.For the full year,net profit rose 41.39% to Rs 219.14 crore in the year ended March 2026 as against Rs 154.99 crore during the previous year ended March 2025. Sales rose 22.68% to Rs 1042.16 crore in the year ended March 2026 as against Rs 849.49 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales391.73340.59 15 1042.16849.49 23 OPM %24.3119.03 -27.4125.30 - PBDT101.9973.44 39 314.58250.85 25 PBT92.9162.08 50 287.22205.19 40 NP75.0449.94 50 219.14154.99 41 Powered by Capital Market - Live News

Crizac will hold a meeting of the Board of Directors of the Company on 25 May 2026.

Crizac announced that the Board of Directors of the Company at its meeting held on 28 January 2026, has recommended a Interim Dividend of Rs.8 per share (i.e.400%), subject to the approval of the shareholders.Powered by Capital Market - Live News