PhysicsWallah’s Q2 Profit Surge, Elo Elo Bags $80 Mn & More
Indian edtech platform PhysicsWallah posted a strong Q2 FY27 with net profit exceeding ₹143.6 crore (more than double YoY), operating revenue of ₹1,242.3 crore (18.2% growth), and EBITDA improvement of 52.6%. The company's online business drove growth, while its offline network expanded. PhysicsWallah is piloting an AI tutor to reduce learning costs and plans to expand beyond core NEET exam preparation. A delayed NEET exam cycle and ongoing slowdown in that segment remain headwinds, but the company expects recovery in the next academic session.
Key points
- PhysicsWallah Q2 net profit more than doubled to ₹143.6 Cr
- Operating revenue grew 18.2% YoY to ₹1,242.3 Cr
- Piloting AI tutor; eyeing South India expansion
- NEET exam delays impacting enrolments and collections
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