SynopsisThe company reported earnings before interest, taxes, depreciation and amortisation (Ebitda) of Rs 52 crore, compared with a Rs 21 crore loss a year earlier. Other income nearly doubled to Rs 109 crore. Excluding other income and accounts for lease payments, the company remained loss-making at Rs 44 crore, although the loss narrowed from Rs 89 crore.Edtech firm PhysicsWallah’s consolidated net loss narrowed 31% to Rs 88.3 crore in the April-June quarter from Rs 127 crore, as operating revenue increased 24% to Rs 1,054 crore.The company reported earnings before interest, taxes, depreciation and amortisation (Ebitda) of Rs 52 crore, compared with a Rs 21 crore loss a year earlier. Other income nearly doubled to Rs 109 crore. Excluding other income and accounts for lease payments, the companyNow Playing
PhysicsWallah Q1 loss narrows 31%; edtech to transfer FinZ loan book - The Economic Times
The company reported earnings before interest, taxes, depreciation and amortisation (Ebitda) of Rs 52 crore, compared with a Rs 21 crore loss a year earlier. Other income nearly doubled to Rs 109 crore. Excluding other income and accounts for lease payments, the company remained loss-making at Rs 44 crore, although the loss narrowed from Rs 89 crore.
TL;DRAI
PhysicsWallah Q1 loss narrowed 31% to Rs 88.3 crore with 24% revenue growth; achieved Rs 52 crore EBITDA vs prior loss. India's edtech sector hitting profitability inflection, pressuring rivals to prove unit economics as investor appetite for burn-focused platforms shifts.
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