PhysicsWallah grows 33% in Q1FY26, but losses widen

IPO-bound edtech unicorn PhysicsWallah saw its operating revenue grow 33% to Rs 847 crore during the April-June quarter of the current fiscal, from Rs 635 crore a year ago.

The net loss of the Noida-based company, however, widened to Rs 127 crore in Q1FY26, from Rs 72 crore in the same period last year, as per its red herring prospectus (RHP).

This came as the company saw its total expenses rise 39% to Rs 1,057 crore, compared to Rs 762 crore a year ago.

The company that started as a YouTube channel has expanded into a full-stack education platform…