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The company’s revenue from operations stood at ₹1,082.4 crore. This represents an increase of around 34 percent compared to ₹809.7 crore in the same quarter last year, indicating sustained strength in the company’s earnings growth.
PhysicsWallah announced its quarterly results on Thursday. The company’s net profit was ₹76.7 crore in the corresponding quarter last year, which has now risen to ₹102.3 crore. In the previous quarter (second quarter), the company reported a profit of ₹69.7 crore. The Noida-based company was listed on the stock market through an IPO in November 2024.
Alongside growth in operating income, the company also reported an increase in expenses. Total expenditure for the quarter ended December stood at ₹979.8 crore, compared to ₹738.3 crore in the same period last year, reflecting a 32.7 percent rise. However, expenses were higher at ₹999.6 crore in the previous quarter, indicating a slight sequential decline.
As of December 31, 2025, the company had cash reserves of ₹5,054.4 crore, including proceeds from its IPO, highlighting a strong financial position.
According to the company, the robust performance was driven primarily by a growing user base. Growth was further supported by its AI-driven products, value-added services, crash courses and offline batches across multiple cities.
In its online business, PhysicsWallah recorded more than 3.9 million new registrations during the nine months ended December, a 20 percent increase compared to the same period last year. Additionally, enrolments in offline courses rose 36 percent year on year, reflecting increasing trust in offline education offerings.
