Thursday, 4 January, 2024

Breaking Records: Physics Wallah's FY23 Revenue Soars to INR 772 Crore

During the fiscal year 2023, Physics Wallah, an EdTech unicorn, had significant growth, with revenue tripling to INR 772 crore. The paper mentions a drop in profit despite the noteworthy increase in revenue. The research provides insight into Physics Wallah's financial dynamics by outlining the company's place in the cutthroat EdTech market as well as the difficulties in striking a balance between revenue growth and profitability.