CONNECT WITH US
Funding Tracker

Funding Tracker

PhysicsWallah revenue rises 18% to Rs 1,242 Cr in Q2 FY27; profit jumps 2.1X

Entrackr logo

Published on

Add as a preferred source on Google
PhysicsWallah revenue rises 18% to Rs 1,242 Cr in Q2 FY27; profit jumps 2.1X

Edtech company PhysicsWallah reported an 18.2% year-on-year growth in revenue from operations in Q2 FY27, while its net profit more than doubled during the quarter.

PhysicsWallah’s revenue from operations increased to Rs 1,242 crore in Q2 FY27 from Rs 1,051 crore in Q2 FY26, according to its consolidated financial statement sourced from NSE.

In terms of revenue mix, the online segment remained the largest contributor, accounting for 55.84% of PhysicsWallah’s operating revenue at Rs 693.5 crore, up 26.3% year-on-year. The offline segment contributed 43.56%, with revenue rising 9.1% to Rs 541 crore, while other operating revenue at Rs 8 crore.

The company also earned Rs 93 crore from other sources, taking its total income to Rs 1,335 crore in Q2 FY27.

On the expense side, employee benefits remained the largest cost component at Rs 522 crore, up 10.4% year-on-year from Rs 473 crore while Cost of materials consumed increased 22.6% to Rs 195 crore from Rs 159 crore.

Depreciation expenses rose 7.6% to Rs 113 crore, while finance costs increased 4% to Rs 26 crore. Other expenses grew 4.6% to Rs 249 crore from Rs 238 crore. Overall expenses increased 10.5% to Rs 1,105 crore in Q2 FY27 from Rs 1,000 crore in Q2 FY26.

The Noida-based company’s net profit surged 2.1X year-on-year to Rs 144 crore in Q2 FY27, compared with Rs 70 crore in the corresponding quarter last year.

8% to Rs 2,293 crore in H1 FY27 from Rs 1,898 crore in H1 FY26. 30 crore in H1 FY26.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.