PhysicsWallah’s FY24 revenue nearly triples; losses zoom on higher expenses

Noida-based edtech company PhysicsWallah’s consolidated revenue nearly tripled to ₹2,015 crore in the fiscal year ended 31 March, but its losses surged on the back of a jump in expenses.

This comes at a time when the company has been chasing aggressive growth over the past two years, entering new business segments and making acquisitions to expand into new markets.