Physicswallah Limited (PWL) — Announcement

· NSE 🔴 High Importance Neutral

Physicswallah Limited disclosed that an Income Tax department order reduced its tax demand from ₹263.34 crore to ₹192.76 crore after a rectification application, though an appeal remains pending. The company states this adjustment will not materially affect its financial position or operations, and it maintains strong grounds to contest the remaining demand.

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About Physicswallah Limited (PWL)

Consumer Services · Other Consumer Services · Listed on NSE

Market Cap: ₹32,557.6 Cr

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