India, Nov. 5 -- IPO-bound edtech major PhysicsWallah (PW) reported a net loss of INR 125.5 Cr in the first quarter of fiscal year ending March 2026 (Q1 FY26), widening 78% from INR 70.6 Cr in the same quarter last year.

Operating revenue rose 33% to INR 847 Cr from INR 635.2 Cr in Q1 FY25. Including other income of INR 58.3 Cr, total income stood at INR 905.4 Cr, compared to INR 660.3 Cr a year earlier.

The company disclosed its financial performance for the quarter in its red herring prospectus (RHP), which it filed today. The edtech major's INR 3,480 Cr IPO would include a fresh issue of INR 3,100 Cr and an OFS of INR 380 Cr.

Important to mention that cofounders Alakh Pandey and Prateek Boob (Maheshwari) cut their earlier OFS size f...