Debasis Mohapatra
Bengaluru, 28 May 2026
PhysicsWallah narrowed its losses in the fourth quarter of FY26 aided by improvement in revenue.
The education services provider posted a consolidated net loss of Rs 74.9 crore for the fourth quarter of FY26 as compared to a loss of Rs 293.1 crore in year-ago period.
Revenue from operations jumped 50.7 per cent year-on-year basis to Rs 918.8 crore from Rs 609.6 crore.
The EBITDA margin improved to 3.1 per cent from a negative 37.5 per cent reported a year ago.
For FY26, PhysicsWallah also narrowed its annual loss to Rs 24 crore from Rs 243 crore of loss reported in FY25. The company reported a revenue growth 35 per cent to Rs 3,900 crore year-on-year basis. EBITDA margin expanded to 14.1 per cent in FY26 from 6.7 per cent reported in FY25.
According to the company, its offline business continued to scale during the last financial year. The centre network expanding to 353 centres across India and the UAE, compared to 198 centres a year ago.
Offline revenue also increased 31 per cent Rs 1,774 crore in FY26, and online revenue increased 39 per cent to Rs 1,954 crore during this period.
