PhysicsWallah reports 144 crore rupee profit for Q2 FY27
Edtech firm PhysicsWallah posted a net profit of 143.6 crore rupees for the second quarter, driven by an 18 percent increase in operational revenue.
PhysicsWallah (PW) reported a consolidated net profit of 143.6 crore rupees for the quarter ended September 2026, more than double the 69.7 crore rupees recorded in the same period last year. This result follows an 88.3 crore rupee loss in the previous quarter, marking a significant operational turnaround for the edtech firm.
Operational revenue reached 1,242.3 crore rupees, an 18 percent increase year-on-year. The online education segment served as the primary growth catalyst, contributing 693.5 crore rupees to the total, a 26 percent rise. Meanwhile, the company's offline network, which now comprises 370 centers, generated 540.9 crore rupees, reflecting a 9 percent increase. PhysicsWallah is currently targeting further expansion in Southern India, citing an addressable market of 15 million students.
As part of its growth strategy, the company’s board approved the acquisition of an additional 12.25 percent stake in Utkarsh Classes for 2.6 lakh rupees, bringing its total ownership to 87.75 percent. Total expenses grew by 11 percent to 1,105.4 crore rupees, though the company noted that expenses decreased sequentially from the previous quarter, indicating a focus on operational efficiency.