PhysicsWallah Q2 Results: Net Profit Doubles 101% to ₹145.5 Crore, Revenue Rises 18%

Edtech company PhysicsWallah reported a strong financial performance for the September quarter of FY27, with net profit increasing 101% year-on-year to ₹145.5 crore. Growth in revenue and improved operating margins also supported the company’s quarterly performance.

Revenue for the quarter rose 18.2% to ₹1,242 crore, reflecting continued demand for its online and offline education programmes.

EBITDA Jumps 52.5%, Margins Improve

PhysicsWallah’s EBITDA increased 52.5% to ₹276 crore during the September quarter. Its EBITDA margin also improved to 22.2%, compared with 17.2% in the corresponding quarter last year.

The company recorded a goodwill impairment of ₹20 crore during the quarter. It also reported a fair value gain of ₹10 crore.

NEET Enrolments Rise More Than 30%

One of the key growth drivers was the company’s NEET preparation business. Enrolments in NEET courses increased by more than 30% during the September quarter.

According to the company, delayed demand following the postponement of the NEET UG examination contributed to the increase.

For the first half of FY27, PhysicsWallah’s online revenue grew 29% year-on-year, while online collections increased 17%.

South India Contributes 9% to Revenue

PhysicsWallah is also expanding its presence in southern India, including Andhra Pradesh, Telangana, Karnataka, Tamil Nadu and Kerala.

The region contributed 9% of the company’s revenue in the first half of FY27. Student numbers on the PW app from South India increased 32% to 4.1 lakh, while paid student enrolments rose 14% to 1.17 lakh.

The company currently operates 63 centres in the region and is expanding its regional-language education offerings through more than 70 teachers and 24 YouTube channels.

PhysicsWallah Share Price

PhysicsWallah shares closed at ₹127.51 on November 4, falling 0.88% during the session.

The stock has gained 16.54% over the past six months. However, it remains down 17.86% over the one-year period.

With higher profitability, improving margins and growing enrolments, PhysicsWallah’s Q2 FY27 performance has brought its business growth and expansion strategy into focus.

Disclaimer: This article is for informational and news purposes only. It does not constitute investment advice.