Edtech firm PhysicsWallah reported a 24% year-on-year rise in income from operations within the first quarter of the 2026-27 monetary yr, whereas its internet loss narrowed by about 30%.

Its income from operations elevated to Rs 1,054 crore within the quarter ended 30 June, from Rs 847 crore in the identical interval a yr earlier, in line with the corporate’s alternate filings.

Its consolidated internet loss fell to about Rs 88 crore from Rs 127 crore a yr earlier. The corporate additionally reported optimistic EBITDA of Rs 52 crore for the quarter.

Nonetheless, the loss widened on a sequential foundation from about Rs 69 crore within the March quarter. Income from operations rose about 15% quarter-on-quarter from Rs 918.8 crore. PhysicsWallah’s official FY26 shareholder letter reported March-quarter income of about Rs 919 crore and a quarterly lack of about Rs 69 crore.

The corporate’s on-line enterprise contributed Rs 549 crore in income through the June quarter, up from Rs 412 crore a yr earlier. Offline income elevated to Rs 490 crore, whereas different working income stood at Rs 15 crore.

PhysicsWallah additionally reported Rs 108 crore in different revenue, taking whole revenue to Rs 1,162 crore for the quarter.

Whole bills rose to Rs 1,247 crore from about Rs 1,054 crore within the corresponding interval final yr. Worker profit bills remained the largest price part at Rs 528 crore, whereas depreciation and amortisation bills stood at Rs 110 crore and finance prices at about Rs 26 crore.

PhysicsWallah stated its on-line Okay-12 and early-learning enterprise continued to increase through the quarter. Enrolments rose 41% year-on-year to 780,000 from 550,000, whereas income from the section elevated 88% to Rs 105 crore from Rs 56 crore.

The corporate stated the timing of NEET enrolments had been affected by a delay on this yr’s examination cycle.

“With the examination outcomes now introduced and the brand new educational cycle underway, momentum has picked up strongly from July, with strong enrolment and assortment traits reflecting wholesome demand for PW’s On-line NEET choices,” it stated.

The corporate can also be seeking to increase its civil providers preparation enterprise. In July, its board authorized the acquisition of an extra 11% stake in Guiding Gentle Schooling Applied sciences, which operates the Sarrthi IAS platform, for Rs 71.81 crore.

PhysicsWallah presently holds 40% of Sarrthi IAS. On completion of the second tranche, its stake would rise to 51%, making Sarrthi IAS a subsidiary. PhysicsWallah stated the funding was anticipated to strengthen its presence in UPSC and civil providers examination preparation and was aligned with its long-term development technique.