Physics Wallah Rs. 1131Crores Loss EXPOSED! 😮| The END of Physics Wallah? | Alakh Pandey

Physics Wallah Rs. 1131Crores Loss EXPOSED! 😮| The END of Physics Wallah? | Alakh Pandey

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According to the Inc42 report, The edtech unicorn saw its net profit fall by 91% to Rs 8.9 crore in FY23 from Rs 98.2 crore in the previous fiscal year.

The decline is attributed to a substantial increase in the company's expenses. Despite the fall in profits, PW's total revenue saw a notable increase of 234% to Rs 798 crore in FY23, marking a 3.4-fold surge from the previous year. The growth comes on the back of its expanded penetration in the offline category.