Physics Wallah melts Edtech winter ice - maintains unbroken profitability streak, revenue surges 3.4x to Rs 798 Cr in FY23
Jan 02, 2024
New Delhi [India], January 2: Continuing its winning streak for the third consecutive year and scoring a hattrick of profitability, Physics Wallah (PW) reported a total revenue of INR 798 crore, up 3.4 times from the previous year. Total student enrolment touching 24 lakhs for the financial year 2023. Physics Wallah has successfully cracked the code of customer acquisition costs (CaCs). PW solved for the community first and then went after growth, capital, and integration across the value chain, thereby building a sustainable business.