
- Sun, 14 December 2025
PhysicsWallah’s net loss dropped nearly 80% in FY25, falling from ₹1,131 crore to ₹243 crore.
This improvement comes as the company avoided a one-time revaluation expense on preference shares that had impacted the previous year.
However, employee expenses remain high at about ₹1,401 crore, reflecting its workforce of nearly 15,800.
The company is also in focus because it has filed an updated Draft Red Herring Prospectus (DRHP) with SEBI for a ₹3,820 crore IPO, with plans to use the funds for expanding offline centres, technology, and marketing.
PhysicsWallah, widely known as PW, is an Indian education technology company founded in 2016 by Alakh Pandey.
What started as a YouTube channel offering free physics lessons for competitive exams like JEE and NEET has now grown into one of the country’s most successful edtech ventures.
Its mission has always been to make quality education affordable and accessible for students across India.
Over the years, PW has expanded beyond online classes into offline coaching centres, test preparation programs, and student support services.
It runs both digital courses and physical centres, offering comprehensive learning solutions that include lectures, doubt-clearing sessions, practice tests, and study material. PW also provides additional services like hostels and transport for its students, bridging the gap between traditional coaching and modern edtech.
Today, PhysicsWallah caters to millions of learners across the country, combining affordability with effective teaching.
PhysicsWallah began small but has grown into a major education company with strong earnings.
It started as a YouTube channel with free lessons and later introduced paid online courses. Over time, it also opened offline coaching centres, which gave the company two solid sources of income.
In the financial year 2024 to 2025, PhysicsWallah earned about ₹1,404 crore from online courses and around ₹1,352 crore from offline centres.
Both areas of the business grew by more than forty-five per cent compared to the previous year. The company now teaches close to 48 lakh students, and about 44 lakh of them are paying users. It also reported a positive operating profit of ₹193 crore, which shows its business is becoming more stable.
Losses have also reduced sharply.
In the previous year, the company lost about ₹1,131 crore, but in 2025, the loss came down to ₹243 crore, which is nearly eighty per cent lower.
A large part of its spending goes to employee salaries, which were about ₹1,401 crore for its workforce of almost 15,800 people.
With plans for a public issue of shares worth ₹3,820 crore, PhysicsWallah is preparing for its next phase of growth and is seen as one of India’s stronger education technology companies.
[Credits for header image: Network World
This content is for informational purposes only and does not constitute legal, financial, or investment advice. This has been constituted based on third-party sources. We do not assume any liability for actions taken based on this information.]




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