Byju's, the Indian edtech giant, has told investors that it will submit its long-delayed 2022 audited earnings to Indian regulators by September. The company had previously said that it would submit the earnings by June, but it has now pushed back the deadline by three months.

The delay in submitting the earnings has raised concerns among investors about Byju's financial health. The company has been facing increasing competition from rivals such as Unacademy and Vedantu, and it has also been spending heavily on acquisitions.

In a statement to investors, Byju's said that the delay in submitting the earnings was due to "certain exceptional circumstances." The company said that it is working with its auditor to complete the audit as soon as possible.

Byju's is not the only Indian edtech company that has delayed submitting its audited earnings. In recent months, several other edtech companies, including Unacademy and Vedantu, have also delayed submitting their earnings.

The delays in submitting audited earnings have raised concerns about the transparency of the Indian edtech sector. Investors are demanding more information about the financial health of these companies, and they are concerned about the potential for fraud.

The Securities and Exchange Board of India (SEBI), the Indian securities regulator, is investigating several edtech companies for alleged financial irregularities. SEBI is also considering new regulations for the edtech sector, which could include requirements for companies to submit audited earnings more frequently.

The delay in submitting audited earnings by Byju's is a setback for the company. It is also a sign of the growing challenges facing the Indian edtech sector.

Here are some other details about the delay in submitting Byju's 2022 audited earnings:

• The delay has been attributed to a number of factors, including the complexity of the company's financials and the need to conduct additional due diligence.
• Byju's has said that it is committed to transparency and that it will submit the earnings as soon as possible.
• The delay has raised concerns among investors about the company's financial health.
• SEBI is investigating several edtech companies for alleged financial irregularities.
• The delay is a setback for Byju's and a sign of the growing challenges facing the Indian edtech sector.

The keywords for this article are: Byju's, edtech, India, audited earnings, SEBI, delay, transparency, financial health. The description for this article is that Byju's, the Indian edtech giant, has told investors that it will submit its long-delayed 2022 audited earnings to Indian regulators by September. The delay in submitting the earnings has raised concerns among investors about Byju's financial health.