Physics Wallah’s Profit Grows Manifold in FY22 as Revenue Jumps Higher
- ByStartupStory | November 5, 2022
The unicorn company, Physics Wallah which is sponsored by GSV Ventures, declared a net profit of Rs 97.8 crore for FY22, up roughly 14 times from its profit of Rs 6.93 crore for FY21, according to the document.
According to the record, its operational revenue increased by over ten times during that time, from Rs 24.6 crore in FY21 to Rs 232.5 crore. For the year ended March 2022, PhysicsWallah reported total revenue of Rs 234.1 crore on a stand-alone basis.
This is the present value of Physics Wallah and it must be quite surprising to know that the company is expanding its business in different fields of education. Along with Physics Wallah, the Edtech company has come up with different ideas such as UPSC Wallah, Teaching Wallah, SSC-Banking Wallah, etc.
As per the demand rate of all these products and the overall projection over the years, Physics Wallah is going to overtake all the Edtech companies in the upcoming two to three years. The founder and CEO Alakh Pandey has himself confirmed about the upcoming projects in the months to go.
Follow Startup Story
Related Posts
