PhysicsWallah’s stock opened on a positive note on Tuesday, climbing more than 3%in early morning trade after the edtech company posted an impressive set of Q2 numbers. The market reacted favourably to the sharp jump in profitability and steady revenue growth, signalling renewed investor confidence in the company’s expansion strategy.

For the September quarter, PhysicsWallah reported a net profit of ₹72.3 crore, a strong 62.5% jump from ₹44.5 crore a year earlier. Revenue also grew at a healthy pace, rising 26.3% to ₹1,051.2 crore compared with ₹832 crore in the same period last year.

The improvement wasn’t limited to the top and bottom line; operating performance strengthened as well. EBITDA came in at ₹181 crore, up 35.2% from last year’s ₹134 crore. This pushed the EBITDA margin to 17.2%, an improvement from 16.1% in the previous year, reflecting better cost efficiencies and scale.

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TOPICS: PhysicsWallah