Edtech company PhysicsWallah reported a 24.4% year-on-year increase in revenue from operations in Q1 FY27, while its losses narrowed 30.7% during the quarter. PhysicsWallah’s revenue from operations increased to Rs 1,054 crore in Q1 FY27 from Rs 847 crore in Q1 FY26, according to its consolidated financial statement sourced from NSE. The company’s online business contributed Rs 549 crore, up 33.3% year-on-year from Rs 412 crore in Q1 FY26. Offline revenue grew 14.5% to Rs 490 crore, while revenue from other sources more than doubled to Rs 15 crore. PhysicsWallah also earned Rs 108 crore from other income, taking its total income to Rs 1,162 crore in Q1 FY27, compared with Rs 902 crore in Q1 FY26. On the expense side, employee benefits remained the largest cost component at Rs 528 crore, up 15.8% year-on-year from Rs 456 crore. Depreciation increased 12.7% to Rs 110 crore, while finance costs declined 23.1% to Rs 25.5 crore. Overall expenditure rose 18.3% to Rs 1,247 crore in Q1 FY27 from Rs 1,054 crore in Q1 FY26. PhysicsWallah’s net loss decreased 30.7% to Rs 88 crore in Q1 FY27 from Rs 127 crore in Q1 FY26.On a sequential basis, revenue from operations increased 14.7% to Rs 1,054 crore in Q1 FY27 from Rs 918.80 crore in Q4 FY26, while its net loss increased 27.7% from Rs 69.14 crore.At the end of today’s trading session, the Noida-based company’s share price closed at Rs 117.12, giving it a total market capitalization of Rs 34,274 crore ($3.6 billion). Recently, PhysicsWallah approved a Rs 71.8 crore investment in UPSC coaching platform Sarrthi IAS, raising its stake from40% to 51%and making it a subsidiary. The acquisition is expected to strengthen its presence in the UPSC and civil services examination preparation segment as it expands beyond its core K12 and test preparation business. Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investorshere.