Results · Education & Skilling

PhysicsWallah posts Q3 revenue of ₹1,082 crore

By Startup Enthusiast · 6 February 2026

What they do

PhysicsWallah is a Noida-based edtech platform offering courses for competitive exams and school boards

It reported Q3 FY26 revenue of ₹1,082 crore, up 34% YoY, and net profit of ₹102.3 crore

The company went public in November 2025 and its 9-month revenue already exceeds full FY25 revenue

PhysicsWallah reported Q3 FY26 financial results with revenue of ₹1,082 crore and net profit of ₹102.3 crore.
Revenue from operations grew 34% YoY from ₹809.7 crore in Q3 FY25.
Net profit rose 33% YoY from ₹76.7 crore in Q3 FY25.
EBITDA stood at ₹351.2 crore, with a margin of about 32%.
Total expenses were ₹979.9 crore, up 33% YoY.
Online enrolments in the first nine months of FY26 reached 3.96 million, up 20% YoY.
Offline centres increased to 318 as of December 2025, up 36% YoY.
The company went public in November 2025.

The results show strong growth after the company's IPO in November 2025.
Nine-month operating revenue of ₹2,980.7 crore already exceeds full FY25 revenue.
Nine-month net profit was about ₹45 crore, impacted by one-time costs and post-listing expenses.

PhysicsWallah offers courses for JEE, NEET, ESE, GATE, AE/JE, Olympiad, UPSC, State PSC, school boards, govt exams, UG/PG entrance, finance, skills, and study abroad.
It operates offline Vidyapeeth and Pathshala centres in 175+ cities.
The platform features daily live interactive classes, 10M+ tests, 24x7 doubt solving, and 100+ offline centres.
It provides regional language courses in Marathi, Gujarati, and Kannada.
AI-based learning tools include personalised learning paths, AI-enabled doubt solving, and digital mentoring.