PhysicsWallah’s Q2 Profit Surge, Elo Elo Bags $80 Mn & More
PhysicsWallah Back Among Profits PhysicsWallah had a blockbuster Q2 FY27. The quarter saw the edtech giant swing back to profitability.…
PhysicsWallah, the edtech firm, experienced a remarkable Q2 FY27 profit surge, more than doubling its net profit YoY to ₹143.6 Cr, as operating revenue climbed 18.2% to ₹1,242.3 Cr. The company's cost management and improved operating leverage played significant roles in this financial turnaround. Online learning remains the primary growth driver for the startup, while its offline network expands through additional centers and enrollments.
A shift away from direct lending has reduced the company's balance sheet risk. However, the quarter was not without challenges, such as the delayed NEET exam cycle, which impacted student enrollments and collections. To counteract this, PhysicsWallah is introducing full-length crash courses and increasing non-NEET enrollments, anticipating a stronger recovery in the next academic session.
The company also has its sights set on South India as the next major growth frontier, leveraging AI technology to provide live translation services and expand its reach in multiple Indic languages.
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