Prateek Maheshwari, co-founder of PhysicsWallah, has attributed the company’s strong FY26 performance to a surge in enrolments across both online and offline segments. Speaking to NDTV Profit, he said revenue grew 25% year-on-year, while Ebitda expanded by over 100% thus improving operating leverage. Growth momentum, he added, is being supported by continued traction in hybrid learning models as the edtech firm scales its presence across formats.