Edtech major PhysicsWallah has reported a consolidated net profit of Rs 143.63 crore for the second quarter of FY27, the quarter ended September 30, 2026 — more than double the Rs 69.72 crore it earned in the same quarter a year earlier. Revenue from operations rose 18.2 per cent year-on-year to a record Rs 1,242.26 crore, the company said in its results announced on November 4.

Source: Inc42

The result marks a sharp return to profit after the listed company posted a loss of Rs 88.3 crore in the preceding June quarter. Including other income of Rs 92.4 crore, total income stood at Rs 1,334.6 crore, while total expenses rose 10.6 per cent to Rs 1,105.4 crore.

Source: Inc42

Rs 143.63 croreQ2 FY27 net profit, up about 106% YoY
Rs 1,242.26 croreRevenue from operations, up 18.2% YoY
Rs 348 croreEBITDA, up 52.6% YoY
Rs 1,334.6 croreTotal income including other income

Growth came from both sides of the business. Online revenue rose 26.4 per cent year-on-year to Rs 694 crore, while offline revenue increased 9 per cent to Rs 541 crore. The company, founded by Alakh Pandey and Prateek Maheshwari, opened 56 offline centres in the first half of the financial year and has said it will add centres at a slower pace of about 25 to 30 a year over the next two years.

Source: Outlook Business

PhysicsWallah said demand that had been delayed by the postponement of NEET UG came through in the quarter, with NEET enrolments growing by over 30 per cent. The company also recorded a goodwill impairment of about Rs 20 crore as an exceptional item during the quarter, according to reports of its results.

Source: The Hindu BusinessLine

Investors reacted positively on Thursday, November 5: PhysicsWallah shares closed 3.76 per cent higher at Rs 132.20 on the NSE, after rising to Rs 140.25 during the session. Brokerage Motilal Oswal reiterated a 'buy' rating on the stock with a target price of Rs 200 — a brokerage view, not a guarantee of returns.

Source: The Hindu BusinessLine