Recently listed edtech company PhysicsWallah reported a nearly 70% year-on-year (YoY) growth in its net profit, reaching ₹69.7 crore, in the second quarter ending 30 September 2025 (Q2 FY26), up from ₹41.1 crore in the corresponding period last year.
In its first quarterly results after getting listed, the company reported operating revenue of ₹1,051.2 crore, marking a 26% year-on-year increase from ₹832.2 crore in the same quarter last year.
Total expenses for the Noida-based company rose 25% to ₹999.6 crore in the September 2025 quarter, compared to ₹800 crore in the same period last year and ₹1,054.2 crore in the previous quarter.
PhysicsWallah IPO
The edtech firm raised ₹3,480 crore through its recent Initial Public Offering (IPO), with ₹3,100 crore earmarked for expanding its offline and hybrid learning centres, strengthening its marketing initiatives and bolstering its digital and cloud infrastructure.
The company's equity shares were listed on the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on 18 November 2025, with 36% listing gains, opening at ₹145 on the NSE and ₹143.10 on the BSE.
The company was founded in 2016 by Alakh Pandey, who rose to fame for uploading free physics study sessions on streaming platform YouTube. The company today operates 303 offline centres across 152 cities in India and the Middle East.
Expansion plans
The company also reported a rise in engagement on its online platform, with an average of 3.5 million daily users, and a social media following surpassing 125 million across various platforms such as YouTube and Instagram.
The edtech firm, which originally started with classes for the Joint Entrance Exam (JEE), is now venturing into new exam categories, including State Boards, Civil Services, and vernacular-language options.
A new initiative named “Pi” by the firm, which offers a low-cost, student-oriented alternative to YouTube priced between ₹300–400, has been introduced to reach previously underserved learner demographics.
PhysicsWallah stock movement
On Friday, 8 December, PhysicsWallah’s shares on the BSE closed 1.95% higher at ₹138.55 per share.
The company's share price rose by more than 5% during Tuesday's trading session, following the announcement of its earnings.
PhysicsWallah's share price today opened at ₹142.60 apiece on the BSE, the stock touched an intraday high of ₹145.70 per share, and an intraday low of ₹137.80 apiece.
The stock, however, closed 0.4% down to settle at ₹138 on Tuesday, 9 December, according to data compiled from Screener.
