PhysicsWallah Reports 18.2% Revenue Growth in Q2 FY27
PhysicsWallah has reported an 18.2% increase in revenue from operations for Q2 FY27 compared to the previous year, with net profit more than doubling during this period. The company’s revenue from operations reached Rs 1,242 crore in Q2 FY27, up from Rs 1,051 crore in Q2 FY26, based on its consolidated financial statement from NSE.
Revenue Breakdown
In terms of revenue breakdown, the online segment remains the primary contributor, making up 55.84% of the operating revenue at Rs 693.5 crore, which is a 26.3% year-on-year increase. The offline segment accounted for 43.56%, with revenue growing by 9.1% to Rs 541 crore. Other operating revenue was reported at Rs 8 crore. Additionally, the company generated Rs 93 crore from other sources, bringing total income to Rs 1,335 crore in Q2 FY27.
Expense Analysis
On the expenditure side, employee benefits constituted the largest cost, amounting to Rs 522 crore, which is a 10.4% increase from Rs 473 crore year-on-year. The cost of materials consumed rose by 22.6% to Rs 195 crore from Rs 159 crore. Depreciation expenses increased by 7.6%, totalling Rs 113 crore, while finance costs rose by 4% to reach Rs 26 crore. Other expenses also grew by 4.6%, increasing from Rs 238 crore to Rs 249 crore. Overall, total expenses rose by 10.5% to Rs 1,105 crore in Q2 FY27 from Rs 1,000 crore in Q2 FY26.
Net Profit Growth
The company’s net profit experienced a remarkable surge, increasing 2.1 times year-on-year to Rs 144 crore in Q2 FY27, compared to Rs 70 crore in the same quarter last year. For the half-yearly comparison, PhysicsWallah’s revenue from operations climbed 20.8% to Rs 2,293 crore in H1 FY27, up from Rs 1,898 crore in H1 FY26. The company recorded a net profit of Rs 55.35 crore in H1 FY27, in contrast to a net loss of Rs 57.30 crore in H1 FY26.
At the conclusion of the trading session today, the company’s share price was noted at Rs 127.41, resulting in a market capitalisation of Rs 37,376 crore.