Shares of edtech company PhysicsWallah surged 10% on Thursday, 5 November, after the company reported more than a twofold increase in its consolidated net profit for the second quarter of FY27.
PhysicsWallah reported a consolidated net profit of ₹143.63 crore for the quarter ended 30 September 2026, compared with ₹70 crore in the corresponding quarter last year.
Consolidated revenue from operations grew around 18% year-on-year to ₹1,242.26 crore in Q2 FY27, from ₹1,051.24 crore in the September 2025 quarter, the company said in a statement.
“We delivered record revenue and a sharp improvement in profitability, while our learner base kept widening across K-12, vernacular and new categories. Our focus remains on scaling affordable, tech-led education with disciplined capital allocation,” said Alakh Pandey, Founder and CEO of PhysicsWallah.
The company recorded growth of more than 30% in NEET enrolments during the September quarter, as demand that had been deferred following the postponement of NEET UG examinations came through.