PhysicsWallah's Online Business Fuels Profit Growth as Offline Losses Narrow, but Can Both Sustain Long-Term Profitability?
India, Nov. 11 -- PhysicsWallah has established itself as one of India's leading education platforms through its affordable online courses and expanding network of offline coaching centres. While its digital business continues to benefit from growing enrolments and improving margins, its offline operations are still working towards profitability. However, the company's latest quarterly results indicate that the gap between the two businesses is gradually narrowing, raising an important question about whether both segments can deliver sustainable profits.
With a market capitalization of Rs. 37,289.19 crore, the shares of Physicswallah Ltd were trading at Rs.128.20 per share, up 1.18% from its previous closing price of Rs. 126.70 apiece. ...
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