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PhysicsWallah Q2 Profit Jumps 62% Post-IPO as Shares Advance

Board-approved investments channel funds to subsidiaries plus a Dubai unit for expansion, working capital.

Overview

  • Consolidated net profit rose to Rs 72.3 crore from Rs 44.5 crore a year earlier after a June-quarter loss of Rs 127 crore, marking its first results since the November listing.
  • Operating revenue increased 26.3% to Rs 1,051 crore, led by services with coaching as the primary driver.
  • EBITDA climbed 35% to Rs 181 crore, with the margin improving to 17.2% from 16.1% a year ago.
  • The company cleared up to Rs 469.9 crore for four wholly owned subsidiaries—Penpencil (Rs 399.9 crore), Finz Fintech (Rs 20 crore), and Finz Finance (Rs 50 crore)—plus up to $2 million for Dubai-based Knowledge Planet Holding.
  • Shares rose as much as 5.17% to Rs 145.60 after the earnings release, though the stock remains down about 8% since its November debut.