Physicswallah shares jump 10% after record quarterly revenue
In short
Physicswallah shares jumped 10% after the company reported its best quarterly revenue yet. Business Standard said revenue was ₹1,242 crore, up 18.2% from a year ago, and profit rose 106% to ₹144 crore.
Investors seemed to like the strong numbers.
What the reporting says
Physicswallah shares jumped 10% after the company posted its highest-ever quarterly revenue in Q2, according to the market summary. Business Standard says revenue reached ₹1,242 crore, up 18.2% year-on-year, while consolidated profit doubled to ₹144 crore, up 106% year-on-year.
Why it matters
Physicswallah’s stock rose 10% after a strong Q2 showing that included record quarterly revenue of ₹1,242 crore and consolidated profit of ₹144 crore, both up sharply year-on-year. The market response suggests investors viewed the results as evidence of earnings momentum.