PhysicsWallah Returns To The Black In Q2, Posts A Profit of ₹143.6 Cr
PhysicsWallah achieved a net profit of ₹143.6 Cr in the September quarter, more than double the year-ago quarter's ₹69.7 Cr profit, rebounding from a ₹88.3 Cr loss in the previous quarter. Operating revenue grew 18.2% year-over-year to ₹1,242.3 Cr, with sequential growth of 15%. Total expenses rose 10.6% to ₹1,105.4 Cr.
Key points
- Net profit of ₹143.6 Cr in Q2, over double year-ago profit
- Operating revenue grew 18.2% YoY to ₹1,242.3 Cr
- Returned to profitability after ₹88.3 Cr loss in Q1
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