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Edtech firm PhysicsWallah net profit rises multifold to Rs 97.8 cr in FY22

agency PhysicsWallah has recorded a multifold leap in its internet revenue to Rs 97.8 crore within the 2021-22 monetary 12 months, the corporate stated on Monday.

The unicorn agency had registered a revenue of Rs 6.93 crore within the earlier monetary 12 months.

The working income of PhysicsWallah (PW) jumped near 10-fold to Rs 234.09 crore in FY 2022 from Rs 24.6 crore in FY’21.

“The success is accredited to our hardworking staff and their intact deal with innovation. All our programs have recorded spectacular traction and love from college students, and we have now additionally launched new programs to satisfy their calls for.

“These development figures exhibit our aware efforts towards reworking schooling in India. We are going to proceed to observe this philosophy and try to deliver extra improvements on this ecosystem, PW founder and CEO Alakh Pandey stated in a press release.

PW began its journey in 2014 as a YouTube channel to educate JEE and NEET aspirants. It has additional scaled into making ready college students for a number of aggressive exams, together with GATE, UPSC, NDA, and CA.

(Solely the headline and film of this report could have been reworked by the Enterprise Commonplace employees; the remainder of the content material is auto-generated from a syndicated feed.)

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