PhysicsWallah CEO: Best for Govt Coaching Plan

PhysicsWallah Q2 Results

PhysicsWallah posted record quarterly revenue of Rs 1,242 crore and doubled net profit to Rs 142 crore in Q2.

Govt Coaching Plan Support

PhysicsWallah's CEO claims the company is best placed to deliver the government's free online coaching initiative for competitive exams.

“We're best placed to deliver govt’s free coaching plan”

NEET Enrollment Decline

Government exam enrolments fell 24% in the first half, with Rajasthan's subsidiary Utkarsh accounting for most of the drop.

NEET Demand Recovery

Q2 online enrolments rose 31% with collections increasing 27%, though full-cycle enrollments remain 13% below last year.

Offline Expansion Strategy

PhysicsWallah plans to open 20-30 micro-centres annually for two years, reducing expansion from 70 centers to focus on profitability.

AI Impact on Operations

AI now writes 92% of code and resolves 80% of support queries, reducing headcount while increasing efficiency.

Punjab Digital University

PhysicsWallah will combine degree programs with test preparation through Punjab Digital University starting next June.

Online Revenue Growth

Online average collection per user rose 9.2% to Rs 4,280 with premium products now accounting for 35% of collections.

Future Outlook

PhysicsWallah expects NEET demand to rebound next year as NTA moves exams online, maintaining revenue growth guidance.