# PhysicsWallah Q2 profit nearly doubles, revenue up 18%

2026-11-04T14:11:22+00:00 | Governance | Indian Opinion Desk

Corroboration: 3 independent outlets

PhysicsWallah reported an 18.2% year-on-year increase in revenue from operations to Rs 1,242 crore in Q2 FY27, and its net profit more than doubled to between Rs 142.29 crore (Business Standard) and Rs 145.5 crore (CNBC-TV18), against a loss of Rs 87.04 crore in the preceding quarter. Online revenue grew 26.4% to Rs 694 crore, while offline revenue rose 9% to Rs 541 crore. Total expenses increased 10.5% to Rs 1,105 crore. NEET enrolments grew over 30% after a delay caused by the NEET UG paper-leak controversy, and enrolments in boards and CUET surged 130% to 4.55 lakh. Founder and CEO Alakh Pandey said the company’s focus remains on scaling affordable, tech-led education. South India contributed 9% of half-year revenue, with 4.1 lakh learners on the PW app. PhysicsWallah’s share closed at Rs 127.41 on Wednesday, 4 November, giving a market capitalisation of Rs 37,376 crore.

## Indian Opinion Analysis

All three sources report straight financial results with no editorial slant, making this uniform coverage. Every outlet led with PhysicsWallah’s 18% revenue growth and near-doubling of profit in Q2 FY27, and each used the company’s own comment from Alakh Pandey. The only material difference is the precise profit figure: entrackr puts it at Rs 144 crore, Business Standard at Rs 142.29 crore, and CNBC-TV18 at Rs 145.5 crore. No outlet omits the key turnaround from a Q1 loss, and all note the NEET enrolment recovery as the driver behind the improved performance. The third quarter (October to December 2026) will show whether the momentum holds into the remainder of the fiscal year.

## Coverage

Coverage: 3 sources, 3 neutral
- entrackr.com (neutral report) <https://entrackr.com/fintrackr/physicswallah-revenue-rises-18-to-rs-1242-cr-in-q2-fy27-profit-jumps-21x-12783496>
  Straight financial report with no slant
- business-standard.com (neutral report) <https://www.business-standard.com/companies/quarterly-results/physicswallah-q2fy27-profit-doubles-to-142-crore-revenue-rises-18-126110401598_1.html>
  Straight financial report with no slant
- cnbctv18.com (neutral report) <https://www.cnbctv18.com/market/physicswallah-share-price-q2-results-net-profit-doubles-revenue-rises-margin-ebitda-20027231.htm>
  Straight financial report with no slant

This brief was synthesised by AI from the 3 sources linked above, so one read covers every framing they carry.
Update, 4 November 2026: this story now draws on 3 sources. Last updated 2026-11-04T14:22:32+00:00.

Tags: Alakh Pandey, NEET-UG, NSE, Physicswallah
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How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/
