Edtech firm PhysicsWallah (PW) on Thursday reported about 33% year-on-year growth in both its top and bottom lines. It posted operating revenue of Rs 1,082.4 crore in Q3 FY26 and a profit after tax of Rs 102.3 crore, driven by an expanding paid user base and strong operating margins.The paid user base of the Alakh Pandey-led firm expanded to 4.37 million in the nine months to date, with online transacting users at 3.96 million and offline enrolments at 0.41 million.The quarter also benefited from operating leverage as EBITDA (earnings before interest, taxes, depreciation, and amortisation) climbed to Rs 351.2 crore, yielding a roughly 32% margin, which helped lift the company into profit. EBITDA is a measure of a company’s profitability of the operating business.PW’s revenue from operations for the first nine months of FY26 stood at Rs 2,980.7 crore, about a 31% year-on-year increase, while adjusted EBITDA for the period reached Rs 647.4 crore, a nearly 22% margin. Operating cash flow for the nine months was Rs 642.9 crore, up from the previous full year, reflecting stronger cash generation as the business scaled. The company holds a large treasury balance of approximately Rs 5,054.4 crore, which includes net IPO proceeds of… Read MoreYourStory RSS Feed
