[
Bengaluru: Edtech company PhysicsWallah reported a more than twofold increase in consolidated net profit to ₹143.63 crore for the September quarter, from ₹69.71 crore a year earlier, as stronger online enrolments and improved cost efficiency offset a slowdown in medical entrance examination coaching.
Revenue from operations rose 18% to ₹1,242.26 crore from ₹1,051.24 crore, the Noida-based company said on Wednesday. Sequentially, it swung to profit from a loss of ₹88.28 crore in the June quarter while revenue increased 18%.
Read more: Lenskart Q2 Results: Profit zooms 122% YoY to Rs 227 crore; revenue grows 36%
Add 
as a Reliable and Trusted News Source
as a Reliable and Trusted News Source
(You can now subscribe to our ETMarkets WhatsApp channel)
https://img.etimg.com/thumb/msid-135555726,width-1200,height-900,imgsize-15550,overlay-etmarkets/articleshow.jpg
https://economictimes.indiatimes.com/markets/stocks/earnings/physicswallah-q2-net-profit-doubles-to-rs-144-crore-revenue-rises-18/articleshow/135555710.cms
