Makoons Play School targets a 3x growth in FY2024 clocks 60% profit in 2023

Makoons Play School witnessed substantial year-on-year growth, reaching its zenith in FY 2023-24 with a 105% increase with a projected revenue of Rs 10 crore for the same period, as per the press release from the school.

As per the school, it is planning for the nationwide expansion and aiming to establish over 500 centers by 2026. The first phase of this expansion involves the opening of 300 centers by the beginning of FY 2025, accompanied by regional offices in Lucknow and Pune. Additional offices in Bhopal and Hyderabad are slated for 2025.

Release further added that at present Makoons are established with 200 centers in Pan India and two countries, such as Nepal and Bangladesh. Recently, expanded their World Schools in Visakhapatnam and Gwalior from the K-8 segment representing a comprehensive approach to education that incorporates cutting-edge educational methods and technology.

‘Makoons Play School envisions a future where quality early childhood education is accessible nationwide. The strategic expansion plan and projected financial growth are not just numbers on a balance sheet but a reflection of Makoons’ commitment to shaping the educational landscape of the nation,’ Vijay Kumar Agarwal, founder and CEO of Makoons Group of Schools, said.