Edtech agency PhysicsWallah (PW) on Thursday reported about 33% year-on-year development in each its prime and backside strains. It posted working income of Rs 1,082.4 crore in Q3 FY26 and a revenue after tax of Rs 102.3 crore, pushed by an increasing paid consumer base and powerful working margins.
The paid consumer base of the Alakh Pandey-led agency expanded to 4.37 million within the 9 months thus far, with on-line transacting customers at 3.96 million and offline enrolments at 0.41 million.
The quarter additionally benefited from working leverage as EBITDA (earnings earlier than curiosity, taxes, depreciation, and amortisation) climbed to Rs 351.2 crore, yielding a roughly 32% margin, which helped raise the corporate into revenue. EBITDA is a measure of an organization’s profitability of the working enterprise.
PW’s income from operations for the primary 9 months of FY26 stood at Rs 2,980.7 crore, a couple of 31% year-on-year enhance, whereas adjusted EBITDA for the interval reached Rs 647.4 crore, a virtually 22% margin.
Working money move for the 9 months was Rs 642.9 crore, up from the earlier full 12 months, reflecting stronger money technology because the enterprise scaled. The corporate holds a big treasury stability of roughly Rs 5,054.4 crore, which incorporates web IPO proceeds of Rs 2,961.8 crore that stay largely unutilised and out there for deliberate enlargement.
Administration flagged a number of non-recurring or distinctive objects. Standalone IPO-related bills have been about Rs 8.3 crore, and the impression of latest labour codes resulted in a one-off cost of roughly Rs 13 crore on a standalone foundation and Rs 15.3 crore on a consolidated foundation.
The corporate stated it’s actively deploying capital by investments and acquisitions. It has invested round Rs 414.6 crore into one subsidiary as a part of strategic enlargement, and it agreed to accumulate Guiding Mild Studying for a consideration of Rs 95 crore, though the ultimate buy worth allocation and accounting therapy stay incomplete. A smaller acquisition of Kay Life-style was disclosed at about Rs 2 crore.
On prices, promoting and promotion remained a big outlay within the quarter, with spend within the area of Rs 56 crore to Rs 64 crore, and worker profit bills continued to be a serious ongoing merchandise because the enterprise invests in expertise and content material.
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