PhysicsWallah revenue tops Rs 2,000 crore in FY24; loss jumps 13.5x to Rs 1,131 crore
The edtech unicorn, which posted a huge jump in miscellaneous expenses to Rs 1,453 crore from Rs 170 crore, said this comprises non-cash expenses related to the revaluation of its preference shares. This led to a one-time cost of Rs 756 crore in fiscal 2024.