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PhysicsWallah’s profit surges 70% in Q2 FY26, grants ESOPs worth Rs 500 Cr

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Recently listed edtech unicorn PhysicsWallah delivered strong performance in Q2 FY26, posting 26% year-on-year revenue growth. The company’s profit also surged 70% to Rs 69.7 crore during the quarter.

PhysicsWallah’s operating revenue grew nearly 26% to Rs 1,051.26 crore in Q2 FY26 from Rs 832.17 crore in Q2 FY25, according to its consolidated financial statement sourced from NSE.

While the filing does not disclose a detailed revenue breakup, the company primarily earns from its online and offline courses for JEE, NEET, other engineering exams, and…

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