Physicswallah Q2 FY26 – Strong Revenue Rebound and Profit Turnaround, EPS Impacted by Dilution

Physicswallah reported a strong September 2025 quarter with significant improvement in operational performance and profitability after a weak previous quarter. • Sales: ↑ 26% YoY to ₹1,051 crore (vs ₹832 crore in Sep 2024) • EBIDT: ↑ 35% YoY to ₹181 crore (vs ₹134 crore) • Net Profit: ↑ 62% YoY to ₹69.7 crore (vs ₹41.1 crore) • EPS: ↓ 96% YoY to ₹0.33 (vs ₹7.42) At a price of ₹138, with a market cap of ₹39,590 crore, Physicswallah continues to scale revenue and profitability, though EPS remains suppressed due to capital structure changes and share dilution.