India, Sept. 7 -- In the run up to its IPO, edtech major PhysicsWallah (PW) managed to narrow its consolidated net loss by 78% to INR 243.3 Cr in FY25 from INR 1,131.1 Cr in the previous fiscal year. However, the loss in FY25 was still nearly 3X of INR 84.1 Cr loss it posted in FY23.

The Alakh Pandey-led company's operating revenue surged 49% to INR 2,886.6 Cr during the year under review from INR 1,940.7 Cr in FY24, as per its updated DRHP. At INR 2,851.2 Cr, the company earned the maximum amount of revenue from India. Its international business grew 61% YoY to INR 35.5 Cr.

Including other income of INR 152.4 Cr, PW's total income for FY25 stood at INR 3,039.1 Cr.

The edtech major turned EBITDA profitable in FY25, posting an EBITDA of...