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PWL Physicswallah News Story

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India's Physicswallah up after quarterly profit rise

** Shares of Physicswallah PHYS.NS rise as much as 5.2% to 145.6 rupees
** Exam preparation course co reports a 62.4% y/y rise in Q2 consol net profit; rev up 26.3%
** Adds, adjusted EBITDA margins improved to 26% in Q2 up from 23% year ago, due to improved operating leverage
** Stock on track to gain for 4th straight day
** More than 28.3 mln shares traded as of 9:46 A.M. IST, 398.1x their 30-day moving avg
** PHYS last up 1.7%; down ~6.3% since listing on Nov 18

(Reporting by Meenakshi Maidas in Bengaluru)

((meenakshi.maidas@thomsonreuters.com;))

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