PhysicsWallah Q2 net profit doubles to Rs 144 crore, revenue rises 18%

Bengaluru: Edtech company PhysicsWallah reported a more than twofold increase in consolidated net profit to ₹143.63 crore for the September quarter, from ₹69.71 crore a year earlier, as stronger online enrolments and improved cost efficiency offset a slowdown in medical entrance examination coaching.

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Revenue from operations rose 18% to ₹1,242.26 crore from ₹1,051.24 crore, the Noida-based company said on Wednesday. Sequentially, it swung to profit from a loss of ₹88.28 crore in the June quarter while revenue increased 18%.


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