Debasis Mohapatra
Bengaluru, 6 Nov 2025
PhysicsWallah increased its operating revenue by 33% in the first quarter of FY26 though its losses widened during the quarter. The edtech company’s IPO is going to open on November 11 and has set a price band of Rs 103- Rs 109 per share.
Here is a snapshot of its financials:
| Particulars | Q1FY26 | YoY Rise/Fall |
| Operating Revenue | Rs 847 crore | 33% ↑ |
| Net profit/loss | (Rs 125.5 crore)- loss | (Rs 70.6 crore) -Loss |
| Operational Centres | 303 centres | 66.5% |
| Particulars | FY25 | YoY Rise/Fall |
| Operating Revenue | Rs 2,887 crore | 48.7% ↑ |
| Total Expenses | Rs 3,265 crore | Flat |
| Net profit/loss | (Rs 243.3 crore)- Loss | 78% ↓ (loss declined) |
