PhysicsWallah Q3 Profit Jumps 33% to ₹102.3 Cr, Revenue Up 34%

• PhysicsWallah reported a 33% year-on-year increase in net profit to ₹102.3 crore in Q3 FY24, up from ₹76.7 crore last year.
• Revenue from operations surged by 34% year-on-year to ₹1,082.4 crore, compared to ₹809.7 crore in the same quarter last year.
• Total expenses rose by 33% to ₹979.9 crore but decreased quarter-on-quarter from ₹999.6 crore in Q2.
• Online enrollments grew by 20% year-on-year to over 39.6 lakh, while offline enrollments increased by 36% across 318 centers.
• The company continues to invest in AI initiatives like AI Guru, Ask AI, AI Grader, AI Mentor, and AI Books.