Physicswallah Narrows Losses and Invests in Financial Subsidiary for Expansion

Physicswallah reduced its Q4 FY26 losses to Rs 74.89 crore, a marked improvement from the prior year's Rs 293 crore loss. The company plans to invest Rs 120 crore in its financial services arm, FinZ Finance, to expand business operations and strengthen its growth strategy.

Physicswallah, the edtech innovator, successfully cut its losses in Q4 FY26 to Rs 74.89 crore, a notable improvement compared to the Rs 293 crore loss recorded the previous year. Revenues from operations leaped by 50.7% year-on-year, reaching Rs 918.8 crore during this quarter, despite a sequential revenue dip of 15%.

The firm faces higher expenses, reported at Rs 1,035.19 crore for Q4 FY26, up from Rs 963.69 crore in Q4 FY25. In a strategic move to enhance its financial services, the company announced plans to inject Rs 120 crore into its wholly-owned FinZ Finance. This investment will involve subscribing to over 2.66 crore equity shares on a rights basis to boost FinZ's working capital and business growth.

Physicswallah emphasized its focus on sustainable, technology-driven growth with strengthened business fundamentals entering FY27. Established in July 2024, FinZ Finance, holding an NBFC license from the Reserve Bank of India, officially began operations in March 2026, providing leasing and financing services.