Edtech firm PhysicsWallah started the first quarter of the 2026-27 financial year with a 24% increase in revenue from operations to Rs 1,054 crore.

This growth was primarily driven by a surge in the online K-12 and early learning segment, where revenue grew by 88% to reach Rs 105 crore.

The Noida-based company’s consolidated net loss narrowed 30.5% to Rs 88 crore for the period, even as margins improve.

The company, founded in 2020 and listed in November 2025, is transitioning from a test-preparation site to a lifelong learning ecosystem.

The quarter saw a major shift in the National Eligibility cum Entrance Test (NEET) cycle, which pushed peak enrolment activity from June into July and August.