- Allen Career Institute, an Indian test prep brand, reported revenue of INR 2,277 crore for the fiscal year ending March 2023.
- The institute registered 1.27 lakh students for the academic year 2022-23 and offers courses for various competitive exams.
- Allen received $600 million in funding in May 2022 from Bodhi Tree Systems, valuing the company at $1.2 billion.
- Course fees are the primary source of revenue for Allen, with additional income from book and study material sales.
- Allen posted a profit of INR 429 crore after taxes for the fiscal year, with a 20% EBITDA margin and 13% ROCE.